The State Bank of India (SBI) is an Indian multinational public sector banking and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 43rd largest bank in the world and ranked 221st in the Fortune Global 500 list of the world’s biggest corporations of 2020. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market.
History
The Bank of Calcutta (later renamed the Bank of Bengal) was established on 2 June 1806. The Bank of Bengal was one of three Presidency banks, the other two being the Bank of Bombay (incorporated on 15 April 1840) and the Bank of Madras…
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Source: https://www.gktoday.in/state-bank-of-india-sbi/?amp=1