About State Bank of India
State Bank of India is a company based in Mumbai (India) founded in 1955. It operates as a Subscription Services, Commission-Based, and FinTech. The company has 420 employees as of October 22, 2024. State Bank of India offers products and services including Personal Internet Banking, Corporate Internet Banking, yono BUSINESS, and Home Loan. State Bank of India operates in a competitive market with competitors including Axis Bank, HDFC Bank, Bandhan Bank, RBL Bank and Yes Bank, among others.
- Headquarter Mumbai, India
- Employees 420 as on 22 Oct, 2024
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Sectors
Financial Services
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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
- Jurisdiction Bandra, Maharashtra, India
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Annual Revenue
$241.21 M (USD)27.51as on Mar 31, 2023
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Net Profit
$87.22 M (USD)14.16as on Mar 31, 2023
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EBITDA
$117.54 M (USD)15.73as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
420
as on Oct 22, 2024
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Products & Services of State Bank of India
State Bank of India offers a comprehensive portfolio of products and services, including Personal Internet Banking, Corporate Internet Banking, yono BUSINESS, and Home Loan. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Personal banking services are provided through online platforms.
Corporate banking solutions are offered via online access.
Business banking platform is provided for corporate clients.
Home financing solutions are extended to individual customers.
Funding Insights of State Bank of India
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by State Bank of India
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - State Bank of India
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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, HDFC Bank, Bandhan Bank, RBL Bank and Yes Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of a commercial banking services
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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 |
Personal and business banking services are offered to underbanked markets.
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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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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on State Bank Of India
Frequently Asked Questions about State Bank of India
When was State Bank of India founded?
State Bank of India was founded in 1955.
Where is State Bank of India located?
State Bank of India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does State Bank of India have?
As of Oct 22, 2024, the latest employee count at State Bank of India is 420.
What is the annual revenue of State Bank of India?
Annual revenue of State Bank of India is $241.21M as on Mar 31, 2023.
What does State Bank of India do?
State Bank of India is recognized as a leading financial institution in India, offering a wide range of banking services. Personal and corporate internet banking solutions are provided through platforms like OnlineSBI and yono BUSINESS. Various loan products, including home loans, vehicle loans, and gold loans, are made available to customers. Services are extended to both retail and corporate clients across diverse sectors. Additionally, mobile banking and payment solutions are integrated to enhance customer accessibility and convenience.
Who are the top competitors of State Bank of India?
What products or services does State Bank of India offer?
State Bank of India offers Personal Internet Banking, Corporate Internet Banking, yono BUSINESS, and Home Loan.