State Bank of India

State Bank of India (SBI) is one of the biggest state-owned financial institutions in India. Headquartered in Mumbai, the bank provides a wide range of products and services to its customers, which includes commercial enterprises, large corporate, public bodies and institutional customers. SBI is also one of the largest banks in India in terms of market capitalisation.

The bank descends from the Imperial Bank of India, which was formed by merging Bank of Calcutta, Bank of Madras and the Bank of Bombay in 1806. The Imperial Bank of India became the State Bank of India in 1955 after Government of India took control of it with Reserve Bank of India (RBI) taking a 60 per cent stake in it. In 2008, the government took over the stake held by the RBI. Representing the legacy of over 200 years, SBI has shown consistent growth compared to other public sector lenders in India.

Some of the services offered by the bank to its customers include domestic treasury, brokering services, revised service charges, ATM services, internet banking, E-pay, E-rail, safe deposit locker, MICR codes, foreign inward remittances, doorstep banking services, among others. A Fortune 500 company, SBI is also among the top league of 50 global banks with a balance sheet size of over Rs 30 lakh crore. The bank comprises 24,000 plus branches along with 59,000 plus ATMs serving 42 crore plus customers. SBI has an overseas presence through over 195 foreign offices spread across 36 plus countries.

In April 2017, associates banks of SBI, including State Bank of Bikaner and Jaipur (SBBJ), State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Patiala (SBP), State Bank of Hyderabad (SBH) and Bharatiya Mahila Bank, merged with State Bank of India, making it the largest consolidation exercise in the banking history of India.

As per the bank, "SBI has been the most trusted brand on the banking horizon in India. The bank believes that it owes a solemn duty to the less fortunate and underprivileged members of the society to make sustainable social change in their lives." Bank's customised savings products are designed for people from all age groups - from children to young adults to the elderly.

SBI's loan products, including home, personal loans, car loans, debit and credit cards and travel cards, cater to all kinds of customers, claims the bank. The bank also deals in education loans, health insurance options, vehicle and home insurance, demat accounts, wealth management, precious metals and private banking.

On the technology front, SBI says it has expanded the digital base of the bank manifold in recent years. The bank also claims to play a vital role in making the Government of India's Digital India Initiative a reality.

Q3 banking preview: YES Bank, Bandhan Bank, IndusInd Bank may see soft Dec quarter

Dec 30, 2025, 03:28 PM IST

ICICI Securities forecasts a relatively stronger Q3FY26 for SBI, Kotak Mahindra Bank, City Union Bank, and Karur Vysya Bank, while IndusInd Bank, Yes Bank, and Bandhan Bank could see softer results.

Bhuvaneshwari A, MD & CEO, SBICAP Securities, Shares Message For Women

Dec 30, 2025, 09:41 AM IST

An inspiring conversation with award winner Bhuvaneshwari A, MD & CEO, SBICAP Securities, as she shares her gratitude, journey, and a powerful message for women—embrace challenges, value support, and never give up. The moment also celebrates 50 years of India Today, filled with warmth and pride.

Stock picks 2026: Eternal, SBI, HCL Tech, Airtel, Biocon among top bets by Motilal Oswal

Dec 30, 2025, 10:53 AM IST

Motilal Oswal Wealth Management has shared its top picks for the new year 2026 as Indian equity markets have turned volatile, with Nifty ending 2025 with mild gains.

HDFC Bank & SBI: Should Investors Stay Bullish Or Diversify In 2026?

Dec 29, 2025, 04:42 PM IST

In this video, market expert Nilesh Jain, Head VP – Technical and Derivatives Research at Centrum, addresses an important investor query on HDFC Bank and State Bank of India. With Meera holding HDFC Bank at ₹995 and SBI at ₹955, the discussion focuses on whether investors should remain bullish on banking stocks or consider diversifying into other sectors. Nilesh Jain shares his outlook for 2026, highlighting continued momentum in banks and NBFCs, while also pointing out that heavyweight stocks like HDFC Bank may deliver steady, long-term returns rather than sharp rallies. He also explains why SBI could offer stronger upside potential, how investors can use market corrections to their advantage, and why both private and PSU banks remain high-quality portfolio bets from a long-term perspective.

Banking & Financials To Outperform In 2026: HDFC Bank, SBI Top Picks

Dec 29, 2025, 07:00 AM IST

Banking and financial services could emerge as the top-performing sector in 2026, according to market expert views. The sector, often called the “mother of all sectors”, is backed by attractive valuations, strong government support and rising liquidity, setting the stage for faster credit growth. Housing finance, credit cards and digital lending are expected to drive momentum over both the short and long term. The strategy suggests allocating 15–20 per cent of a fresh portfolio to banking stocks. Among top picks, SBI stands out for its unmatched reach across India, supporting long-term earnings growth, while HDFC Bank is seen benefiting from a housing boom in 2026–27, improving asset quality. One-year targets of around ₹1,100–1,120 are projected for both stocks, with defined stop-loss levels.

Suzlon Energy, Dixon, BEL, IndiGo, Kaynes Tech among MOFSL's top stock picks

Dec 24, 2025, 11:34 AM IST

MOFSL's largecap picks include InterGlobe Aviation (IndiGo) Bharti Airtel, ICICI Bank, State Bank of India (SBI), Infosys, Larsen & Toubro (L&T), Mahindra & Mahindra (M&M) and Eternal.

Top stocks in news: SBI, HCL Tech, Zydus Life, CanFin Homes, Senores Pharma, Delhivery

Dec 16, 2025, 07:19 AM IST

Stocks including SBI, HCL Tech, Zydus Life, CanFin Homes, Senores Pharma, Delhivery, KNR Construction, Lemon Tree and more will be in the spotlight on Tuesday, December 16.

SBI Mulls To List YONO As Third Subsidiary To Unlock Value From Digital Platform

Dec 16, 2025, 12:39 PM IST

Eternal, Groww, ICICI Bank, ITC are top MF picks; cuts stake in SBI, RIL

Dec 16, 2025, 10:15 AM IST

On the selling side, mutual funds pared their exposure to public sector giants. State Bank of India (SBI) witnessed the highest selling pressure, with a net sell value of Rs 2,321.4 crore.

SBI’s New Hiring Plan For AI Jobs

Dec 11, 2025, 10:49 AM IST

In an exclusive conversation with Aastha Chopra of BTTV, SBI Managing Director Ashwini Tewari shared how the bank is gearing up for the next phase of AI-led banking. He said SBI will hire specialised talent to build, manage, and monitor AI systems, ensuring stronger oversight and safer decision-making. Tewari added that the bank is also developing its own in-house cloud storage, strengthening control over data and enabling faster AI adoption. He highlighted the need for customer recourse when AI rejects applications, the importance of constant customer awareness against scams, and the shift to an always-on, 24/7 banking ecosystem driven by changing user behaviour.

Suzlon, SBI, Vedanta, RIL: Corp capex at Rs 12L cr, resembles 2001-04 phase; stock picks

Dec 11, 2025, 09:37 AM IST

ICICI Securities said the current trajectory resembled the 2001–2004 phase, which preceded an exponential growth period. It likes State Bank of India, Axis Bank, Larsen & Toubro, BHEL, JSW Energy, NTPC and RIL.