State Bank of India

State bank of India is an Indian Banking and Financial Service Company headquartered in Mumbai. It was established in the year 1st July 1955. State Bank of India is one of the largest banks of India.

In the 1st decade of 19th century, the origin of State Bank of India lies. During this century, there were 3 Presidency banks namely Bank of Bombay, Bank of Madras and Bank of Bengal. On 27 January 1921, the Presidency banks were joined together and took it a name as Imperial Bank of India. On 1st July 1955, the Imperial bank of India became the State bank of India.

State Bank of India provides a wide range of banking products through its network of branches in India and in foreign countries. SBI has 57 zonal offices and regional hubs which are situated at important cities through out India. Currently there are near about 16000 branches in India of which 34% are in cities rest all are branches are in semi-urban and rural areas. There are 191 offices in foreign countries which is spread 36 countries.

Now State Bank of India had 5 subordinate banks. All the bank use the first 3 words as same in the name continued by its local headquarters name and also the logo is same as of SBI they are- State bank of Travancore, State Bank of Hyderabad, State Bank of Bikaner and Jaipur, State Bank of Mysore and State Bank of Patiala.

State Bank of India has many posts and the candidates who like to apply in the bank can do it online itself.

Source From employmentnews24.com

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