Sbisyd.com.au Website Review

content on this page requires a newer version of adobe flash player. state bank of india (sbi), with a 200 year history, is the largest commercial bank in india in terms of as*ets, deposits, profits, branches, customers and employees. the government of india is the single largest shareholder of this fortune 500 entity with 61.58% ownership. sbi is ranked 60th in the list of top 1000 banks in the world by the banker in july 2012. the origins of state bank of india date back to 1806 when the bank of calcutta (later called the bank of bengal) was established. in 1921, the bank of bengal and two other banks (bank of madras and bank of bombay) were amalgamated to form the imperial bank of india. in 1955, the reserve bank of india acquired the controlling interests of the imperial bank of india and sbi was created by an act of parliament to the sbi group consists of sbi and five as*ociate banks. the group has an extensive network, with over 20000 plus branches in india and another 189 offices in 35 countries correspondent relationships with 348 banks across 98 countries across the world. as of 31st march 2012, the group had as*ets worth usd 359 billion, deposits of usd 278 billion and capital & reserves in excess of usd 20.88 billion. the group commands over 22% share of the domestic indian banking market. include life insurance, merchant banking, mutual funds, credit cards, factoring services, security trading and primary dealership, making the sbi group a truly large financial supermarket and india's financial icon. sbi has arrangements with over 1500 various banking business, reinforced by dedicated and highly skilled teams of professionals. state bank of india sydney. level 31 suite 02 264 george street, sydney nsw 2000. use of the information contained on this page is governed by australian law and is subject to the disclaimers which can be read on