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S T A T E B A NK of I Ndi A:-: SBI Share in Deposits & Advances

The document provides information about State Bank of India (SBI), including that it is India's largest and oldest bank tracing its roots back to 1806. SBI operates over 15,000 branches in India and has over 80 offices in 35 other countries. Some key facts are that SBI has an 18% share of deposits and advances in India, a 35% share of foreign exchange business, and a 60% share of transactions on behalf of the Government of India. The document also outlines the history and evolution of SBI from its origins as Bank of Calcutta in 1806 to becoming a state-owned bank in 1955 and expanding its operations both within India and internationally over the past several decades.

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Rainee Kochar
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141 views5 pages

S T A T E B A NK of I Ndi A:-: SBI Share in Deposits & Advances

The document provides information about State Bank of India (SBI), including that it is India's largest and oldest bank tracing its roots back to 1806. SBI operates over 15,000 branches in India and has over 80 offices in 35 other countries. Some key facts are that SBI has an 18% share of deposits and advances in India, a 35% share of foreign exchange business, and a 60% share of transactions on behalf of the Government of India. The document also outlines the history and evolution of SBI from its origins as Bank of Calcutta in 1806 to becoming a state-owned bank in 1955 and expanding its operations both within India and internationally over the past several decades.

Uploaded by

Rainee Kochar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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The chapter describes the Company profile of State Bank Of India which was

taken for the study of project.

State bank of
India:-

State bank of India is the nation‟s largest and oldest bank. Tracing its roots back

some 200 years to the British East India Company (and initially established as the

Bank of Calcutta in 1806), the bank operates more than 15,000 branches within

India, where it also owns majority stakes in six associate banks. State Bank of

India (SBI) has more than 80 offices in nearly 35 other countries, including

multiple locations in the US, Canada, and Nigeria. The bank has other units

devoted to capital markets, fund management, factoring and commercial services,

credit cards, and brokerage services. The Reserve Bank of India owns about 60% of

State bank of India.

Some facts and


figures

SBI Share in Deposits & Advances


SBI Share in Deposits & Advances

SBI
SBI
18%
18%
Internet Banking Of State Bank Of India

SBI Share in Foreign Exchange


SBI Share in Foreign Exchange

SBI
SBI
35%
35%

SBI Share in Government Transactions


SBI Share in Government Transactions
(Receipts and payments on behalf of Government of
(Receipts and payments on behalf of Government of
India and other provincial Governments )
India and other provincial Governments )

SBI
SBI
60%
60%
Internet Banking Of State Bank Of India

Key
Dates:

1806: The Bank of Calcutta is established as the first Western-type


bank.

1809: The bank receives a charter from the imperial government and changes

its name to Bank of Bengal.

1840: A sister bank, Bank of Bombay, is


formed.

1843: Another sister bank is formed: Bank of Madras, which, together with Bank

of Bengal and Bank of Bombay become known as the presidency banks, which had

the right to issue currency in their regions.

1861: The Presidency Banks Act takes away currency issuing privileges but

offers incentives to begin rapid expansion, and the three banks open nearly 50

branches among them by the mid-1870s.

1876: The creation of Central Treasuries ends the expansion phase of the

presidency banks.

1921: The presidency banks are merged to form a single entity, Imperial Bank

of India.

1955: The nationalization of Imperial Bank of India results in the formation of

the State Bank of India, which then becomes a primary factor behind the

country's industrial, agricultural, and rural development.

1969: The Indian government establishes a monopoly over the banking


sector.

1972: SBI begins offering merchant banking


services.

1986: SBI Capital Markets is


created.
Internet Banking Of State Bank Of India

1995: SBI Commercial and International Bank Ltd. are launched as part of

SBI's stepped-up international banking operations.

1998: SBI launches credit cards in partnership with GE Capital.

2002: SBI networks 3,000 branches in a massive technology implementation.

2004: A networking effort reaches 4,000 branches.

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