OverviewSuggest Edit

State Bank of India (SBI) provides a wide range of banking services. The Company offers personal banking solutions, agricultural and banking services, NRI services, international banking, SME solutions, and corporate banking products and services. It also provides access to mobile and internet banking.

TypePublic
Founded1806
HQMumbai, IN
Websitesbi.co.in
Overall CultureA+

Latest Updates

Employees (est.) (Sept 2020)249,448
Revenue (FY, 2019)₹3.3 T(+8%)
Share Price (Oct 2021)₹490.6(+2%)
Cybersecurity ratingAMore
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Key People/Management at State Bank of India

Rajnish Kumar

Rajnish Kumar

Chairman
Umesh Kumar Pandey

Umesh Kumar Pandey

Group Compliance Officer, Chief General Manager
Anshula Kant

Anshula Kant

Managing Director, Stressed Assets, Risk and Compliance
Sandeep Seth

Sandeep Seth

Chief General Manager, Financial Reporting & Taxation
Shri B. Venugopal

Shri B. Venugopal

Director
Dinesh Kumar Khara

Dinesh Kumar Khara

Managing Director, Global Banking & Subsidiaries
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State Bank of India Office Locations

State Bank of India has offices in Mumbai, Sydney, Manama, Riffa and in 59 other locations
Mumbai, IN (HQ)
Madame Cama Rd
Sydney, AU
264, Australia Square, level 47 George St
Nassau, BS
Saffrey Square, Bank Lane
Manama, BH
60 Government Ave
Riffa, BH
Shop No. 2597A & 2597B, Road - 1355, Block - 913, East Riffa RIFFA - KINGDOM OF BAHRAIN Zip code : 10763
Chittagong, BD
1080 Sheikh Mujib Rd
Show all (87)

State Bank of India Financials and Metrics

State Bank of India Revenue

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View revenue for all periods
State Bank of India's revenue was reported to be ₹3.31 t in FY, 2019 which is a 7.9% increase from the previous period.
INR

Revenue (Q1, 2020)

834.9b

Gross profit (Q1, 2020)

220.4b

Gross profit margin (Q1, 2020), %

26.4%

Net income (Q1, 2020)

29.5b

Market capitalization (14-Oct-2021)

4.4t

Closing stock price (14-Oct-2021)

490.6

Cash (30-Jun-2019)

1.3t

EV

6.0t
State Bank of India's current market capitalization is ₹4.4 t.
Annual
INRFY, 2017FY, 2018FY, 2019

Revenue

3.0t3.1t3.3t

Revenue growth, %

3%8%

Cost of goods sold

2.1t2.1t2.1t

Gross profit

869.0b919.7b1.2t
Quarterly
INRQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

707.8b749.5b741.9b749.9b793.0b843.5b834.9b

Cost of goods sold

587.7b726.5b734.5b699.9b609.2b603.9b614.4b

Gross profit

120.0b23.0b7.4b50.1b183.8b239.6b220.4b

Gross profit Margin, %

17%3%1%7%23%28%26%
Annual
INRFY, 2017FY, 2018FY, 2019

Cash

1.6t1.5t1.8t

Accounts Receivable

20.1t20.0t22.8t

PP&E

509.4b412.3b407.0b

Total Assets

34.5t36.2t38.9t
Quarterly
INRQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

1.4t1.3t1.3t1.3t1.3t1.5t1.3t

Accounts Receivable

19.2t18.9t19.1t19.6t20.4t21.3t22.5t

PP&E

511.8b515.1b410.2b413.9b409.9b408.0b402.9b

Total Assets

33.3t33.8t34.1t35.3t36.7t37.5t38.0t
INRFY, 2017FY, 2018FY, 2019

Net Income

15.8b(126.1b)44.5b

Depreciation and Amortization

29.1b31.1b35.0b

Cash From Operating Activities

774.1b(965.1b)295.6b

Cash From Investing Activities

(28.3b)110.7b(8.6b)
INRFY, 2017

Revenue/Employee

14.3m

Debt/Equity

1.5 x

Debt/Assets

0.1 x

Financial Leverage

15.4 x
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State Bank of India Operating Metrics

State Bank of India's Customers was reported to be 435.1 m in FY, 2019. State Bank of India's Total Loans was reported to be ₹6.5t in FY, 2019.
FY, 2017FY, 2018FY, 2019

ATMs

59.26 k59.54 k58.42 k

Branches

24.02 k22.41 k22.01 k

Customers

420 m424.2 m435.1 m

Total Loans

₹3.8 t₹5.47 t₹6.48 t
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State Bank of India Acquisitions / Subsidiaries

Company NameDateDeal Size
State Bank of HyderabadApril 01, 2017
State Bank of MysoreApril 01, 2017
State Bank of PatialaApril 01, 2017
State Bank of TravancoreApril 01, 2017
State Bank of Bikaner and JaipurFebruary 15, 2017
SBI Business Process Mgt. Services Private Limited
SBI Capital Markets Limited (Consolidated)
SBI Cards & Payment Services Private Limited
SBI DFHI Limited
SBI Foundation
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State Bank of India Revenue Breakdown

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State Bank of India revenue breakdown by business segment: 28.0% from Treasury, 28.4% from Corporate/Wholesale banking and 43.6% from Retail banking

Human Capital Metrics

State Bank of India's employees are reported to be approximately 24% female and 76% male.
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State Bank of India Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

State Bank of India Online and Social Media Presence

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State Bank of India Company Culture

  • Overall Culture

    A+

    89/100

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    100/100

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State Bank of India News and Updates

State Bank of India Prepares Mutual Fund Venture for IPO

The lender could raise about $1 billion from the offering, according to people familiar with the matter.

State Bank of India in the US deploys Surecomp to support trade finance growth

Surecomp, the leading provider of global trade finance solutions for banks and corporates, today announced that the State Bank of India (California) (SBIC), has selected and gone live with its back-office trade finance processing automation solution DOKA-NG.

Mahindra Lifespaces and State Bank of India sign MoU

Mahindra Lifespaces, the real estate and infrastructure development arm of Mahindra Group, and State Bank of India (SBI), India’s largest home loan lender, today signed a Memorandum of Understanding (MoU) to enable an improved and more seamless experience for homebuyers across India.read more

State Bank of India introduces contactless payments wristwatch

Last month, the State Bank of India (SBI), in partnership with IBM and the watchmaker Titan, released Titan Pay, the country’s first contactless payments wristwatch.

State Bank of India turns to ACI Worldwide for payment switching

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, has modernized payments infrastructure for ATM and point-of-sale (POS) at State Bank of Ind

State Bank of India turns to ACI Worldwide for payment switch modernisation

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, has modernized payments infrastructure for ATM and point-of-sale (POS) at State Bank of Ind
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State Bank of India Frequently Asked Questions

  • When was State Bank of India founded?

    State Bank of India was founded in 1806.

  • Who are State Bank of India key executives?

    State Bank of India's key executives are Rajnish Kumar, Umesh Kumar Pandey and Anshula Kant.

  • How many employees does State Bank of India have?

    State Bank of India has 249,448 employees.

  • What is State Bank of India revenue?

    Latest State Bank of India annual revenue is ₹3.3 t.

  • What is State Bank of India revenue per employee?

    Latest State Bank of India revenue per employee is ₹13.3 m.

  • Who are State Bank of India competitors?

    Competitors of State Bank of India include Tata Group, Citi and Groupe BPCE.

  • Where is State Bank of India headquarters?

    State Bank of India headquarters is located at Madame Cama Rd, Mumbai.

  • Where are State Bank of India offices?

    State Bank of India has offices in Mumbai, Sydney, Manama, Riffa and in 59 other locations.

  • How many offices does State Bank of India have?

    State Bank of India has 87 offices.