State Bank of India

State Bank of India (SBI) is India's largest bank by assets, deposits, and customer base, with a history spanning over 200 years. Established in 1806 as the Bank of Calcutta and renamed State Bank of India in 1955 after India's independence, SBI has played a crucial role in financing India's economic development and infrastructure growth. The bank serves over 500 million customers across India through an extensive branch network and digital banking platforms. SBI is a universal bank providing retail banking, corporate banking, wealth management, insurance, and investment services. The bank operates subsidiary companies including SBI Cards and Payment Systems, SBI Life Insurance, and SBI Securities. SBI has expanded internationally with presence in multiple countries providing banking services to Indian expatriates and supporting Indian businesses globally. The bank is known for its financial stability and role in India's banking sector. With over 500 million customers and annual revenues exceeding $30 billion, SBI controls approximately 25% of India's banking sector and is a cornerstone of the country's financial system. The company is focused on digital banking expansion, financial inclusion, and strengthening customer service. SBI's success as India's largest public sector bank demonstrates government's role in banking sector development. The company's commitment to serving rural India, financial inclusion, and supporting national development continues positioning it as India's most important financial institution.