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SBI - 10 things to know with detail

• State Bank of India (SBI) is the largest public sector bank in India, with a network of over 22,000 branches and 58,000 ATMs across the country.
• SBI was established in 1806 as the Bank of Calcutta, making it one of the oldest commercial banks in India. It was later renamed as the State Bank of India in 1955.
• SBI offers a wide range of banking products and services, including savings accounts, current accounts, fixed deposits, loans, credit cards, insurance, and investment products.
• SBI is a Fortune Global 500 company and is ranked as the 55th largest bank in the world by total assets.
• SBI has a strong presence in rural and semi-urban areas of India, providing banking services to millions of people in these regions through its extensive branch network.
• SBI has a subsidiary called SBI Cards, which is one of the largest credit card issuers in India with over 10 million customers.
• SBI has a significant international presence, with branches in over 30 countries and partnerships with several foreign banks to facilitate cross-border transactions.
• SBI has won numerous awards and accolades for its banking services, including being named the Best Bank in India by Euromoney and the Best Bank in India for digital banking by the Asian Banker.
• SBI has launched several financial inclusion initiatives to promote banking services among underserved communities, such as the Pradhan Mantri Jan Dhan Yojana and the SBI YONO app for digital banking.
• SBI is committed to promoting sustainable banking practices and has implemented several green initiatives, such as financing renewable energy projects and promoting financial literacy among customers.