State bank of India is nations largest and oldestbank.State bank of India is largest of the big four banks ofIndia.State bank of India ranked no. 292 globally infortune global 500.State bank of India is 29th most reputed company inthe world.
On 30 April 1955, State Bank of India changed itsname from Imperial Bank of India.Imperial Bank of India was consist of Bank ofCalcutta, Bank of Bombay & Bank of Madras.The Government of India nationalized theImperial Bank of India in 1955.
Our Vision…… A Pioneering, Apolitical and Responsive officers Union movement with Enlightened values, Committed Cadre, Inspiringly led, Ever at the focused services of the members, the Bank and the community at large.
Our Mission ….. To carry the torch of an exemplary SBI Officers Union Movement; Ever alive to Uniting, Protecting, Securing and Satisfying the committed and enthused members; Ever facilitating the growth and development of quality Bank Professionals; Ever offering trusteeship role in meeting the challenges of SBI in the face of changing Economic Scenario; Ever trusting in continuous search, improvement and education with a concern for all that is noble, just and praiseworthy in our movement, Bank and Nation.
President of SBI is Shri Pratip Chaudhuri. There are total fourteen board of directors in SBI.
Managing directors of SBI• Shri Hemant G. Shri Diwakar Shri A. Krishna Contractor Gupta Kumar
SBI has 14 local head offices and 57 Zonal Offices locatedthroughout the country.SBI has about 26,000+ ATMs .SBI has 21,500 branches, including branches that belong toits associate banks.SBI has 172 foreign offices in 37 countries across the globe.SBI has subsidiary in Canada , Nigeria , Nepal, Moscow &Shanghai.
Promoters Financial Institutions Foreign Institutions General Public Others 6% 3% 9%21% 61%
Strengths Weaknesses Reduction in the Strong domestic asset quality & market position increasing non sustaining reach and performing assets customer confidence ration Strong capital position Susceptible to helping pursue political inventories growth initiatives
Opportunities Threats various Growing Indian competitors banking sector -Foreign banks -govt. banks‡ Dissatisfied customers of Market trends other Bank
As the financial system has grown rapidly State Bank Of India has taken initiative that banking services made available to each and every one.