State Bank of India (SBI) stands as the backbone of India’s banking system and the country’s largest public sector bank. With a history spanning more than 200 years, SBI plays a critical role in India’s economic development, financial inclusion, and global banking presence. From retail customers to large corporations and government institutions, SBI serves millions across India and overseas.
State Bank of India – Quick Overview
| Particular | Details |
| Bank Name | State Bank of India (SBI) |
| Type | Public Sector Bank |
| Founded | 1 July 1955 (roots from 1806) |
| Owner | Government of India |
| Headquarters | Mumbai, Maharashtra |
| Chairman | C. S. Setty |
| MD & CEO | Challa Sreenivasulu Setty |
| Regulator | Reserve Bank of India (RBI) |
| Services | Retail, Corporate, SME, NRI, Digital Banking |
| Branch Network | 22,500+ branches (India) |
| ATMs | 63,500+ |
| Customers | 50+ crore |
| Employees | 2.3+ lakh |
| Official Website | sbi.co.in |
Net Worth and Market Cap
State Bank of India has established a huge balance sheet through the solid ownership of the government and the popularity of the bank. The net worth of SBI is said to be around ₹6.8 lakh crore in FY 2025. As of January 2026, the bank has a market capitalization of approximately ₹6.5 lakh crore, which ranks it as one of the richest listed companies in India. SBI is also among the top 50 banks in the world in terms of total assets.
Corporate Leadership
State Bank of India is owned by the Government of India with an equity capital of approximately 55.5%. Challa Sreenivasulu Setty is the Managing Director and the CEO of the bank and drives the strategic and operational expansion of the bank. C. S. Setty is the Chairman of the board and governance, policy direction, and long-term vision.
Overview of Services
SBI provides diverse banking and financial services to individuals, businesses and institutions. Retail banking comprises savings and current accounts, fixed and regular deposits, home loans, personal loans, education loans, vehicles loans, debit and credit cards, insurance and investment products.
Business and corporate banking includes working capital financing, term loans, trade financing, treasury services and cash management services. SBI also pays great attention to the concept of digital banking via such applications as YONO, internet banking, UPI services and mobile banking apps. NRE/NRO accounts, remittance services, and overseas branches are beneficial to NRI customers.
Scale of Operations
The State Bank of India is located at Mumbai in Maharashtra. The bank has local head offices and thousands of branches in all the states and union territories of India. SBI has more than 240 worldwide branches in 36 nations worldwide making it the Indian bank that has the highest international presence. This unmatched size makes SBI a reliable and systemically essential bank.
