ABOUT US
State Bank of India welcomes you to explore the world of premier bank in India.
In this section, you can access detailed information on Overview of the Bank, Technology Upgradation in the Bank, Board of Directors, Financial Results and Shareholder Info.
The Bank is actively involved since 1973 in non-profit activity called Community Services Banking. All our branches and administrative offices throughout the country sponsor and participate in large number of welfare activities and social causes. Our business is more than banking because we touch the lives of people anywhere in many ways.
Our commitment to nation-building is complete & comprehensive.
In this section, you can access detailed information on Overview of the Bank, Technology Upgradation in the Bank, Board of Directors, Financial Results and Shareholder Info.
The Bank is actively involved since 1973 in non-profit activity called Community Services Banking. All our branches and administrative offices throughout the country sponsor and participate in large number of welfare activities and social causes. Our business is more than banking because we touch the lives of people anywhere in many ways.
Our commitment to nation-building is complete & comprehensive.
BANKING SUBSIDIARIES |
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ASSOCIATE BANKS
State Bank of India has the following five Associate Banks (ABs) with controlling interest ranging from 75% to 100%.
1. State Bank of Bikaner and Jaipur (SBBJ)
2. State Bank of Hyderabad (SBH)
3. State Bank of Mysore (SBM)
4. State Bank of Patiala (SBP)
5. State Bank of Travancore (SBT)
As on June 30, 2011, the five ABs have a combined network of 4748 branches in India which are on core banking and 4713 ATMs networked with SBI ATMs, providing value added services to clientele.
The combined net profit of these banks increased by 10.67% over the previous year to reach Rs.735.79 crores as on 30th June 2011. Deposits and advances grew by 12.39% and 16.32%, respectively, during the year. The combined Net NPA ratio of all ABs was at 1.12% as on 30th June 2011.The highlights of performance of the five ABs for the quarter ended June 11 are as follows:
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(Rs. In crores)
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Deposits
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317581
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Loans
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240601
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Investments
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97439
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Total Assets
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378565
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Return on Assets
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0.79%
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No. of Branches
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4748
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Url
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SBBJ
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SBH
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SBM
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SBP
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SBT
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SBICI Bank Ltd (Banking Subsidiary, fully owned by SBI):
SBICI
Bank Ltd has two branches, fully computerised, operating in Mumbai. The
Bank recorded a net profit of Rs.0.27 crore during quarter ended June
11. Deposits, Loans and Investments were at Rs.416.89 crore, Rs.233.95
crore and Rs.304.40 crore, respectively, as at 30th June 2011. Return on
Assets was at 0.17% while Capital Adequacy Ratio stood at 29.67% as on
30.6.2011.
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