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Indira College of Commerce & Science: Subject: Banking & Finance Presenters
Indira College of Commerce & Science: Subject: Banking & Finance Presenters
• SBI is the 43rd largest bank in the world and ranked 221st in the Fortune Global .
• It is a public sector bank and the largest bank in India with a 23% market share by
assets and a 25% share of the total loan and deposits market.
FUNCTIONS OF SBI
• Bank borrow the money from public by accepting deposits.
• It lends money to merchants and manufactures for short period.
• Bank acts as Banker's bank. Bank provides loans to the Commercial Bank when
required.
• Bank also act as the clearing house of commercial bank.
• SBI bank also act as Reserve Bank of India. Because the bank maintain the
treasuries of the State Government.
• It also purchases and sells of securities on behalf of its cust .omers
ROLE OF SBI
There are several reasons, which have contributed to making the State Bank of
India (SBI Bank) the biggest and most popular bank in the country.
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