About State Bank of India
State Bank of India is a company based in Mumbai (India) founded in 1806. It operates as a Commission-Based. The company has 236,230 employees as of March 31, 2024. State Bank of India has completed 2 acquisitions, including Coastal Energen and Giro Commercial Bank. State Bank of India offers products and services including Banking Services. State Bank of India operates in a competitive market with competitors including Axis Bank, Bandhan Bank, HDFC Bank, RBL Bank and Yes Bank, among others.
- Headquarter Mumbai, India
- Employees 236230 as on 31 Mar, 2024
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name State Bank Of India
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Annual Revenue
$77.02 B (USD)0as on Mar 31, 2025
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Net Profit
$9.08 B (USD)0as on Mar 31, 2025
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EBITDA
-$139.41 K (USD)0as on Mar 31, 2017
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Latest Funding Round
$12.75 M (USD), Grant
Dec 16, 2019
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Investors
Axis Bank
& 4 more
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Employee Count
236230
as on Mar 31, 2024
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Investments & Acquisitions
Coastal Energen
& 1 more
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IPO & Listings of State Bank of India
State Bank of India is a publicly listed company on the NSE with ticker symbol SBIN in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of State Bank of India
State Bank of India offers a comprehensive portfolio of products and services, including Banking Services.
Banking services are provided for individuals and businesses.
People of State Bank of India
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Leadership Team
41 people
Software Development Team
22 people
Sales and Marketing
17 people
Human Resources and Administration
17 people
Senior Team
8 people
Operations Team
6 people
Product Management Team
5 people
Finance and Accounting
5 people
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Funding Insights of State Bank of India
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $12.7M
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First Round
First Round
(19 Sep 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Grant - State Bank of India | Valuation |
investors |
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| Aug, 2019 | Amount | Debt – Conventional - State Bank of India | Valuation |
investors |
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| May, 2019 | Amount | Debt – Conventional - State Bank of India | Valuation |
investors |
Investors in State Bank of India
State Bank of India has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Axis Bank, ICICI Bank and State Bank of India.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Consumer and SME loans are provided across Germany.
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Founded Year | Domain | Location | |
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Commercial bank
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Founded Year | Domain | Location | |
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Commercial banking and financial services are provided to diverse clients.
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Founded Year | Domain | Location |
Investments & Acquisitions by State Bank of India
State Bank of India has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Coastal Energen and Giro Commercial Bank.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Non-renewable energy-based power projects are developed in India.
|
2008 | ||||
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Commercial bank
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1993 |
Financial Statements - State Bank of India
State Bank Of India Comparisons
Competitors of State Bank of India
State Bank of India operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Axis Bank, Bandhan Bank, HDFC Bank, RBL Bank and Yes Bank, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of a commercial banking services
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| domain | founded_year | HQ Location |
Personal and business banking services are offered to underbanked markets.
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| domain | founded_year | HQ Location |
Commercial and personal banking services are offered by HDFC Bank.
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| domain | founded_year | HQ Location |
Commercial banking services for personal and business needs are provided.
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| domain | founded_year | HQ Location |
Commercial banking services are offered to individuals and businesses.
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| domain | founded_year | HQ Location |
Commercial banking services are offered to corporate and retail customers.
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Latest news on State Bank Of India
Frequently Asked Questions about State Bank of India
State Bank of India was founded in 1806 and raised its 1st funding round 212 years after it was founded.
State Bank of India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Somnath Adhya is the current CEO of State Bank of India.
As of Mar 31, 2024, the latest employee count at State Bank of India is 236,230.
Annual revenue of State Bank of India is $77.02B as on Mar 31, 2025.
State Bank of India is involved in offering a range of banking and financial services. Operations are focused on commercial banking for individuals and corporate clients. Solutions include savings accounts, loans, and digital banking platforms. The bank serves various sectors including retail and corporate finance. Activities are conducted to ensure secure and accessible financial services.
State Bank of India offers Banking Services.
Yes, State Bank of India is publicly traded on NSE under the ticker symbol SBIN.
State Bank of India has made 2 acquisitions, including Coastal Energen, and Giro Commercial Bank.
State Bank of India has 5 investors. Key investors include Axis Bank, ICICI Bank, State Bank of India, Canara Bank, and KfW.
The ticker symbol of State Bank of India is SBIN on NSE.