State Bank of India Company Summary

State Bank of India is the largest public‑sector bank in India and has a legacy of over 200 years. The bank enjoys a large market share in loans and deposits, and has 8.8 crore registrations as of FY25 served through an extensive network of 22,937 branches and 63,791 ATMs nationwide. ​

Company Overview

The full range of State Bank of India products and services is tailored for the needs of small businesses, corporates, government bodies and institutional customers in India. Its total assets are over ₹50 lakh crores. 

Founding & evolution

• Founded: SBI traces its origins to the Bank of Calcutta, founded in 1806.
• Listed year: Listed in 1955.
• Leadership: Challa Sreenivasulu Setty serves as Chairman.
• Strategic acquisitions and alliances: Merger of Bharatiya Mahila Bank with SBI.

Scale and Presence

• Branches and network: 22,640 branches (September 2024).
• Employees: 236,226 people (31 March 2025).
• International operations: 244 overseas offices across 29 countries.
• Customer base: More than 500 million customers.

Business Segments

State Bank of India organises its operations through several core segments that align with the full spectrum of banking services:​

• Retail banking: Savings and current accounts, personal loans, home loans, auto loans, education loans, credit cards, wealth management and digital banking services, including the YONO platform.​
• Corporate and institutional banking: Working capital finance, term loans, project finance, cash management, trade finance, foreign‑exchange services, investment banking and structured finance for large corporates, public‑sector undertakings and government entities.​

Financial Snapshot

ESG and Sustainability Focus

State Bank of India has integrated ESG considerations into its strategy through dedicated frameworks covering climate change risk management, a renewable energy policy, sustainability and business responsibility policies, and corporate social responsibility programmes.

Leadership Table