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State Bank of India

  • Writer: Raju Chakraborty
    Raju Chakraborty
  • Dec 5, 2024
  • 1 min read

Updated: Aug 12


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State Bank of India (SBI), a 69-year-old public bank, is now managed by Challa Sreenivasulu Setty (Chairman) and 3 Managing Directors Ashwini Kumar Tewari, Vinay M Tonse and Rana Ashutosh Kumar Singh, and a workforce of more than 2,32,000 people. They have 241 branches in 29 countries; their services are Credit cards, Mutual funds, Wealth management, Risk management, Private banking, Investment banking, Retail banking, Mortgage loans, etc. SBI launched its IPO in 2002 at Rs 27.00 and has shown 147.84% growth in the last 5 years. However, their revenue is 5,94,574 crore and net income is 67,084 crore for FY 2023-24.

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