State Bank of India
![]() |
|
| SBI headquarters in Mumbai |

State Bank of India (SBI) was established in 1806 in Kolkata and is the oldest bank in the country. SBI is the largest bank in India by profits, assets, deposits, loans, market capitalization and number of customers. As of March 31, 2026 the bank employed 244,695 staff at domestic locations, with a further 436 posted at foreign locations, and it has the largest branch network in the country, consisting of 23,265 domestic branches. At June 30, 2026 it operated about 65,200 ATMs and 79,557 business correspondent outlets nationwide. In addition, the Bank maintains 245 overseas points of presence in 29 countries including the U.S., UK, Canada, Germany, Belgium, Singapore, Japan, Mauritius, Oman, Nepal, Nigeria, UAE, South Africa, Bahrain, Israel, Hong Kong and Australia. SBI is one of the 100 largest banks in the world and the only Indian bank to feature in the Fortune 500 list. In 2017, SBI merged with its subsidiary banks (State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, State Bank of Travancore) and Bhartiya Mahila Bank (BMB). As of June 30, 2026, State Bank of India had standalone total assets of INR 76.62 trillion (INR 76,62,285 crore) and deposits of INR 60.06 trillion (INR 60,05,805 crore), with gross advances of INR 50.47 trillion. Consolidated total assets were INR 83.22 trillion at March 31, 2026.
Credit Ratings:
Moody's: Baa3/P3/Positive
Fitch: BBB-/F3/Stable
Standard & Poor's: BBB-/A3/Stable
Non-banking subsidiaries:
SBI Capital Markets
SBI Funds Management Pvt
SBI Factors & Commercial Services
SBI Cards & Payments Services Pvt
SBI DFHI Ltd
SBI Life Insurance Company
SBI General Insurance
Head office address:
State Bank Bhavan, Corporate Centre
Madame Cama Road
Mumbai, 400021, India
Phone number: +91 22 2288 3888
Website: sbi.bank.in
London main branch:
15, King Street, London EC2V 8EA, UK
Phone: 08081680304
Hours: M - Fr: 9.00 am - 4.00 pm
Website: www.sbiuk.com
New York Branch:
460 Park Avenue, New York, N.Y., USA, 10022
Phone: (001) - (212) 5213200/201
Hours: 9 a.m. to 5 p.m.
SWIFT code: SBINUS33
Los Angeles Agency:
707 Wilshire Blvd. Suite # 1995
Los Angeles, California, USA, 90017
Phone: (001) - 2136237250
SWIFT code: SBINUS66
San Jose Branch:
State Bank of India (California)
675 North First Street, Suite 105
San Jose, California, USA, 95112
Sydney Branch:
Suite 2, Level 31, Australia Square
264 George Street, Sydney, NSW, Australia
Website: www.sbisyd.com.au
Toronto Branch:
200 Bay Street, Suite#1600
Royal Bank Plaza, North Tower
Toronto, Ontario M5J 2J2, Canada
www.sbicanada.com
Last updated
