SBIN.BO - State Bank of India

BSE - BSE Real Time Price. Currency in INR

State Bank of India

State Bank Bhavan
Corporate Centre 14th Floor Madame Cama Road, Nariman Point
Mumbai 400021
India
91 22 2274 0841
http://www.sbi.co.in

SectorFinancial Services
IndustryBanks - Regional - Asia
Full-time employees2,57,252

Key executives

NameTitlePayExercisedYear born
Mr. Dinesh Kumar KharaMD of Global Banking & Subsidiaries2.81MN/A1961
Mr. Arijit BasuManaging Director of Commercial Clients Group & IT and Director2.65MN/A1960
Ms. Anshula KantMD of Stressed Assets, Risk & Compliance and Director2.61MN/AN/A
Mr. Chandan SinhaDirector830kN/A1957
Mr. Prashant KumarDeputy MD of HR and Corp. Devel. Officer & CFON/AN/AN/A
Amounts are as of 31 December 2019, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

State Bank of India provides various banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business segments. It offers personal banking services, including current accounts, savings accounts, term deposits, and recurring deposits; home, auto, education, gold, and personal loans, as well as loans against property and securities; and wealth management, mobile and Internet banking, demat, ATM, foreign inward remittance, safe deposit locker, public provident fund, money transfer, pension policy, and mobile wallet services, as well as cards and inflation indexed national savings securities cumulative bonds. The company also provides corporate banking services comprising corporate accounts, working capital and project finance, term loans, deferred payment guarantees, corporate loans, structured finance, dealer and channel financing, equipment leasing, loan syndication, construction equipment loans, financing Indian firms overseas subsidiaries or JVs, and cash management, as well as export and cash and letters of credit products. In addition, it offers NRI services, including accounts and deposits, remittances, investments, and loans; agricultural banking and micro credit to agriculturists and farmers; supply chain finance, and deposits and transaction banking services for SME customers; and international banking services. Further, the company provides treasury, broking, bill payment, and MICR services; and credit cards, life and non-life insurance, mutual funds, merchant banking, trustee business, factoring, security trading, pension fund management, and custodial services, as well as primary dealership services in the money market. It operates 22,010 branches and 58,415 ATMs. The company was founded in 1806 and is headquartered in Mumbai, India.

Corporate governance

State Bank of India’s ISS governance QualityScore as of 25 June 2019 is 9. The pillar scores are Audit: 9; Board: 10; Shareholder rights: 4; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.