The sheer size of India – 1.25 billion people, with half of
them below 25 years of age – coupled with the diversity
of its populace and plurality of cultural moorings, makes
realising these aspirations a daunting task.
State Bank of India (SBI)'s relationship with India and its growth is umbilical. Which is why, as a new, aspirational India emerges, backed by a strengthening economy, more opportunities and increasing penetration of financial services, SBI is at the forefront of this transformation.
SBI makes a profound contribution in driving all sectors of the Indian economy – primary, secondary and tertiary, in equal measure. It is one of India's most familiar institutions of trust stretching from the remotest villages to the global financial hubs.
And we are constantly re-engineering ourselves and our role to keep step with the changing dynamics of the needs of our customers and our operating environment. We have recognised technology-driven, on-the-go banking as the new normal. We are leveraging customer-connect platforms on social media to further our reach. We are expanding our physical branch and network presence, and constantly evolving our products and services portfolio to remain a preferred contemporary choice in banking.
At the same time, our commitment to financial inclusion
continues unabated, in line with the national agenda of
inclusive growth. We focus on helping translate national
aspirations into on-ground realities, and ensuring value
creation for all and ensuring a better quality of life for large
parts of our yet unbanked population.
What started off with a few hundred branches and a few hundred crores of business, is today a Bank that has surpassed ` 26 trillion in business size. SBI has over 100,000 touch points (branches, ATMs, CSPs) that directly serve our customers everywhere. But this is not just the story of a commercial Bank. It is the story of how an aspirational India has embraced growth over the years, and how it continues to look ahead with confidence. SBI is a proxy for the aspirational nation of India. And we are proud of our ability to give wings to those aspirations.
As on 01.07.1955 (Formation of SBI)
As on 31.03.2014