State Bank of India provides banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business segments. It offers personal banking products and services, including current accounts, savings accounts, salary accounts, and fixed and recurring deposits; home, personal, auto, education, and gold loans, as well as loans against insurance policies, property, and securities; overdrafts; mutual funds, insurance, equity trading, portfolio investment schemes, remittance services; digital lending; and mobile, internet, and digital banking services. The company also provides corporate banking products and services comprising corporate accounts, working capital and project finance, deferred payment guarantees, corporate term loans, structured finance, dealer and channel financing, equipment leasing, loan syndication, construction equipment loans, financing Indian firms' overseas subsidiaries or JVs, and cash management, as well as trade and service products. In addition, it offers NRI services, including accounts and deposits, remittances, investments, and loans; agricultural banking services; supply chain finance, and deposits and transaction banking services for SME customers; and international banking services. Further, the company provides life and general insurance; estate planning services; and merchant banking, advisory, securities broking, business & management consultancy, trusteeship service, factoring, payment solution, asset management, investment management, credit cards, and custody and fund accounting services. The company was founded in 1806 and is headquartered in Mumbai, India.
| 839.4 | |
| 844 | |
| - | |
| 846.7 | |
| 835.55 | |
| 554.3464-912 | |
| 7 500 697 M | |
| 10.4768 | |
| 8 925 M | |
| 3 360 277 M | |
| 22.17 | |
| 0.0168 | |
| 0.76 |
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By Siddhi Nayak MUMBAI (Reuters) - State Bank of India (SBI), the country's largest lender, aims to strike a deal by end-March for the sale of its 24% stake worth 184.2 billion rupees ($2.2 billion) ...
India election results on 4 June stripped Narendra Modi of his aura of invincibility. (ASSOCIATED PRESS) The volatility India's stock market saw this past week showed just how notoriously bad financi...
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