State Bank of India: The Largest Indian Bank
The World’s Largest Employer, SBI. Know interesting facts about SBI
Largest Indian Bank: SBI is the Largest Indian Bank in India, with over US$ 51 billion revenue (2022) and 22,219 Branches, 62,617 ATMs in India. It has 229 Branches in 31 countries and serves worldwide. Mr. Dinesh Kumar Khara is the present chairman of State Bank of India. The bank deals in Retail Banking, corporate Banking, Investment Banking, Mortgage loans, Private Banking, Wealth Management, Credit Card, Finance and Insurance etc. The State Bank of India is the nationalized bank in which the government of India has the lowest stake which is 56.92%. State bank of India was founded on 01 July 1955 and has completed 67 years till now.
SBI LOGO
The State Bank of India logo was designed by NID in 1971. The blue Keyhole logo is said to have been inspired by Ahmedabad’s Kankaria Lake.
State Bank of India Financials–
| Particular | Details |
| Revenue | Rs. 4,06,973 Cr (2022) |
| Operating Income | Rs. 78,898 Cr (2022) |
| Net Income | Rs. 43,774 Cr (2022) |
| Total Assets | Rs. 51,77,545 Cr (2022) |
| Total Equity | Rs. 3,00,972 Cr (2022) |
| Number of Employees | 245642 as of March 2021 |
Banks Merged in the Largest Indian Bank–
- State Bank of Bikaner and Jaipur
- State Bank of Hyderabad
- State Bank of Indore
- State Bank of Mysore
- State Bank of Patiala
- State Bank of Saurashtra
- State Bank of Travancore
Along with this the bank has invested in Yes Bank and has acquired a 48.2% stake in Yes Bank in March 2020.
Mobile App and Website of SBI
State Bank of India, launched its current mobile banking app, called YONO in 2017. The official website of State Bank of India is https://www.onlinesbi.sbi/
Click here to know more about the SBI Mobile Banking App.
Shareholdings in State Bank of India
| Shareholders | Shareholding |
| Promoters: Government of India | 56.92% |
| FIIs/GDRs/OCBs/NRIs | 10.94% |
| Banks & Insurance Companies | 10.63% |
| Mutual Funds & UTI | 13.72% |
| Others | 07.79% |
| Total | 100.0% |
Presence of SBI on Stock Exchange in India-
The Largest Indian Bank SBI is listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) both. The current Price of a share is Rs. 567 in September 2022.
Click here to know more about SBI Share
SBI Employees Strength
SBI is one of the largest employers in the world with 245,652 employees as on 31 March 2021 which makes it the largest public sector bank in India. Out of which women employees are nearly 26%. The percentage of Officers, Associates and Subordinate staff was 44.28%, 41.03% and 14.69% respectively on 31 March 2021.
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