State Bank of India

State Bank of India

4%

interest per annum

monthly

payment of interest

$1,400

deposit guarantee

6-12 mo.

duration

allowed

early withdrawal

EURUSDGBP

term deposit currencies

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State Bank of India

About State Bank of India

billions USD

Assets

millions of

Clients

thousands of

Employees

1806

year of

Founding

Rating

Fitch

BBB-

Good safety

The State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation headquartered in Mumbai, Maharashtra. The company is ranked 216th on the Fortune Global 500 list of the world's biggest corporations as of 2017. It is the largest bank in India with a 23% market share in assets, besides a share of one-fourth of the total loan and deposits market. As of 2014–15, the bank had 191 overseas offices spread over 36 countries having the largest presence in foreign markets among Indian banks. The equity shares of SBI are listed on the Bombay Stock Exchange, where it is a constituent of the BSE SENSEX index, and the National Stock Exchange of India, where it is a constituent of the CNX Nifty. Its Global Depository Receipts (GDRs) are listed on the London Stock Exchange.

India

India

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