State Bank of India (SBI) was nationalised in July 1955 under the SBI Act of 1955. Seven banks of SBI formed subsidiary and was nationalised on 19th July, 1960.
The State Bank of India is India's largest commercial bank and is ranked one of the top five banks worldwide. It serves 90 million customers through a network of 9,000 branches and it offers -- either directly or through subsidiaries -- a wide range of banking services.
Subsidiary of State Bank of India
- State Bank of Bikaner & Jaipur
- State Bank of Hyderabad
- State Bank of Indore
- State Bank of Mysore
- State Bank of Saurastra
- State Bank of Travancore
- Personal Banking
- Gold Banking
- NRI Banking
- International Banking
- Corporate Banking
- Small Scale Industries
- Small Business Finance
- Rural Banking
- Government Business
- Home Loans
The SBI Credit Card offers a Classic VISA card duly acceptable in India and Nepal. It transfers all the advantages provided by the VISA Card. The present eligibilty for applying for the SBI Credit Card is Rs. 75,000 for salaried and Rs. 60,000 p.a. for businessmen (kindly verify the rate with SBI before applying).
SBI Credit Card is acceptable over 1,05,000 merchants in India and Nepal. The SBI Credit Card is accepted to 117 cashpoint locations in 57 cities from Leh to Port Blair. The daily withdrawl limit is Rs. 10,000.
SBI Credit Card comes with an insurance of Rs. 2 lakhs on road and Rs. 4 lakhs by air.
Worldwide network of SBI Bank
SBI Bank India has 52 Foreign Offices in 34 countries. SBI India serves the international needs of its foreign customers, in addition to conducting retail operations. The focus of the offices of SBI is India-related business. Few of the countries where SBI Bank has branches are as under:
- Australia
- Bahamas
- Bahrain
- Bangladesh
- Belgium
- Bhutan
- Canada
- France
- Germany
- Hong Kong
- Japan
- Maldives
- Mauritious
- Muscat
- Nepal
- Nigeria
- Oman
- Russia
- Singapore
- Sri Lanka
- South Africa
- UK
- USA
State Bank of India,
State Bank Bhawan,
8th floor, Madame Cama Road,
Mumbai-400 021,
Telephone No. 22029456 or 22029451,
Fax no. 22885369.
SBI Bank Websites
| Global : | www.statebankofindia.com |
| General : | www.sbi.co.in |
| Mutual Fund : | www.sbimf.com |
| Online Banking : | www.onlinesbi.com |
| Capital market : | www.sbicaps.com |
| Card : | www.sbicard.com |
| SBI Commercial & International Bank Ltd. : | www.sbici.com |
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