State Bank of India (SBI): “Banker to the Nation”

State Bank of India (SBI) is not just India’s largest bank but one of the biggest in the world

It’s owned by the government and often called the “Banker to the Nation.”

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SBI was founded on July 1, 1955 it has a vast network of over 44,000 branches across India and more than 200 branches in other countries

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State Bank of India (SBI) has experienced remarkable growth over the past few decades

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The bank’s total assets, which were ₹1,000 crore back in 1955, have now soared to over ₹45 lakh crore by the year 2023

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In the next five years, State Bank of India (SBI) is projected to experience a growth rate of approximately 6-7%

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The total market capitalization of State Bank of India (SBI) is US$64.7 billion

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This makes SBI one of the largest banks in India and one of the largest banks in the world

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The bank’s revenue has increased by over 130% during this period, while its net profit has increased by over 250%

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