Profile: State Bank of India (SBI.BO)
SBI.BO on Bombay Stock Exchange
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State Bank of India is an India-based bank. In addition to banking, the Company, through its various subsidiaries, provides a range of financial services, which include life insurance, merchant banking and mutual funds among others. Its segments include Treasury, which includes investment portfolio and trading in foreign exchange contracts and derivative contracts; Corporate/Wholesale Banking, which comprises lending activities of Corporate Accounts Group, Mid Corporate Accounts Group and Stressed Assets Management Group; Retail Banking, which comprises of branches in National Banking Group, which includes personal banking activities, including lending activities to corporate customers, and Other Banking Business. Effective September 2, 2013, State Bank of India raised its interest to 99% from 76%, by acquiring a 23% interest in Jakarta-based Bank State Bank of India, Indonesia.
State Bank of India
State Bank Bhawan, Madame Cama R