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Swot Analysis Of State Bank Of India

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1.4.3.1 State Bank of India
In 1806, the Bank of Calcutta (later the Bank of Bengal) was founded and, in 1921, it merged with the banks of Madras and Bombay to form the Imperial Bank of India. In 1955, SBI was created by an act of Parliament to succeed the Imperial Bank of India.
It is the largest commercial bank, State Bank of India (SBI), with a 200 year history, in India in terms of assets, deposits, profits, branches, customers and employees. The Government of India is the single largest shareholder of this Fortune 500 entity with 58.60% ownership. SBI is ranked 59th in the list of 'Top 1000 World Banks 2015 ' by The Banker magazine.49 & ranked 152nd in The Forbes list of Global 2000 firms in May 2015.
It is a multinational bank that offers financial services. The bank is based in India, with it’s headquarter in Mumbai, Maharashtra.50 It is a government owned corporation. The bank has a network of 16333 domestic branches (of which 66% are located in rural and semi-urban areas).51
SBI 's total employee strength is 2,13,238 out of which 21% or 44790 are women employees. The group is made up of SBI and five associate banks and a number of banking and non- banking subsidiaries and joint ventures. The group has 191 offices in 36 countries across the world including, Moscow, Colombo, Dhaka, Frankfurt, Hong Kong, Tehran, Johannesburg, London, Los Angeles, among others. As on 31st of March 2015, the group had assets worth USD 432.02 billion, deposits of USD 328.47 billion
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