STATE BANK OF INDIA
The Origin of the State Bank of India goes back to the first decade of the 19th century with establishment of the bank of Calcutta in Calcutta on 2 June 1806. Three years later the bank received its charter and was re-designed as the Bank of Bengal (2 January 1809). A unique institution, it was the first joint- stock bank of British India sponsored by The Government of Bengal. The Bank of Bombay (15 April 1840) and the bank of Madras (1 July 1843) followed the Bank of Bengal. These three banks remained at the apex of modern Banking in India till their Amalgamation as the Imperial Bank of India on 27 January 1921.
Headquarters: Mumbai
Founded on: July 1st, 1956
Logo: State Bank of India is a blue circle with a small cut in the bottom that depicts perfection and the small man the common man – being the centre of the bank’s business
Tag Line: PURE BANKING, NOTHING ELSE”, “WITH YOU – ALL THE WAY”, “A BANK OF THE COMMON MAN”, “THE BANKER TO EVERY INDIAN”, “THE NATION BANKS ON US
Employees: 295,696 [2012]
Associate Banks:
1. State Bank of Bikaner and Jaipur – Jaipur (Head Office)
2. State Bank of Hyderabad – Hyderabad (Head Office)
3. State Bank of Mysore – Bangalore (Head Office)
4. State Bank of Patiala – Patiala (Head office)
5. State Bank of Travancore – Poojappura, Thiruvananthapuram (Head Office)
Important Points about SBI
SBI is one of the big four banks of India, along with ICICI bank, Punjab National Bank and Bank of Baroda
SBI had 14,816 branches in India as on 31 March 2013
SBI is the first bank to open branch in China
15000th branch of the State Bank of India (SBI) at Sooranam (Tamil Nadu)
SBI has 21, 500 branches (including Assosiate Banks )
SBI has 99, 345 offices in India
SBI has 27000+ ATM and SBI Group (including Assosiate Banks ) has 32752 ATMs.
On October 7, 2013, Arundhati Bhattacharya became the first woman to be appointed Chairperson of the bank
SBI has become the first bank to install an ATM at Drass in the Jammu & Kashmir Kargil region. This was the Bank’s 27,032nd ATM on 27 July 2012.
List of Awards (2013-14)
1. The Banker (1) in the year 2009
2. IDRBT (3)
3. D & B Polaris (1)
4. SKOCH (3)
5. SKOCH CORPORATE EXCELLENCE
6. PC QUEST
7. EDGE AWARD (2)
8. Asia’s best CSR Practices Awards 2013-Singapore
9. Asian BFSI Awards 2013- Dubai
10. India’s Most Ethical Companies awards 2013
11. Asian Green Future Leadership Awards 2013
12. Best Public Sector Bank Award 2013
13. Won national award in the year 2012 for Prime Minister’s Employment Generation Programme (PMEGP) scheme
14. Technology of the year by the IBA banking technology awards
15. Best online banking award in 2010 by IBA
16. Best rural banking initiative and best IT architecture
17. THE BEST BANK in cash management services in Asia
18. Pegasus Corporate Social Responsibility Award 2007
