Vision
My SBI
My customer first
My SBI: First in Customer Satisfaction
Premier Indian financial services group with global perspective, world class standard of the efficiency and
professionalism and core institutional values.
Organization with a culture of mutual care and commitment.
Work environment and continuous learning opportunity.
Values
Excellence in customer service.
Honest, Transparent and ethical.
Belonging and commitment to the Bank.
Fairness in all dealing and relations.
Risk taking and innovation.
Team Playing
Learning and renewal.
Integrity
Transparency and discipline in policies and systems.
Mission
Excellence in customer service.
Help our customer acheive their goals.
Imbibe State of art technology to drive hte excellence.
DEPOSIT A/C
Savings Account
Savings Account - SBI Jeddah Savings account provides you safe and convenient access to your funds .
Our Saving Bank Account Facilities
Attractive & Competitive Special Commission
Account available in Saudi Riyal and other currencies like USD, GBP and EURO
Facility to establish Standing Orders for handling regular disbursements automatically from your account(s)
Detailed monthly statements of your account(s), to maintain records of all transactions made
Joint Account Facility available
Remittance to any CBS branch of all Banks in India
Internet Banking facility.
HISTORY
The origin of the State Bank of India goes back to the first decade of the nineteenth century with the
establishment of the Bank of Calcutta in 1806 in Calcutta. Three years later the bank received its charter
and was redesigned as the Bank of Bengal (2 January 1809). A unique institution, it was the first joint
stock bank of British India sponsored by the Government of Bengal. The Bank of Bombay (15 April 1840)
and the Bank of Madras (1 July 1843) followed the Bank of Bengal. These three banks remained at the apex
of modern banking in India till their amalgamation as the Imperial Bank of India on 27 January 1921.
Primarily AngloIndian creations, the three presidency banks came into existence either as a result of the
compulsions of imperial finance or by the felt needs of local European commerce and were not imposed
from outside in an arbitrary manner to modernise India's economy. Their evolution was, however, shaped by
ideas culled from similar developments in Europe and England, and was influenced by changes occurring in
the structure of both the local trading environment and those in the relations of the Indian economy to the
economy of Europe and the global economic framework.
Primarily AngloIndian creations, the three presidency banks came into existence either as a result of the
compulsions of imperial finance or by the felt needs of local European commerce and were not imposed
from outside in an arbitrary manner to modernise India's economy. Their evolution was, however, shaped by
ideas culled from similar developments in Europe and England, and was influenced by changes occurring in
the structure of both the local trading environment and those in the relations of the Indian economy to the
economy of Europe and the global economic framework.
The bank is entering into many new businesses with strategic tie ups ? Pension Funds, General
Insurance, Custodial Services, Private Equity, Mobile Banking, Point of Sale Merchant Acquisition, Advisory
Services, structured products etc ? each one of these initiatives having a huge potential for
growth.
The bank is forging ahead with cutting edge technology and innovative new banking models, to expand its
rural banking base, looking at the vast untapped potential in the hinterland and proposes to cover 100,000
villages in the next two years. At the end March, 2011, the total number of branches was 13,542 while the
number of ATMs stood at 20,084 across the country.
It is also focusing at the top end of the market, on whole sale banking capabilities to provide
India?s growing mid / large corporate with a complete array of products and services. It is
consolidating its global treasury operations and entering into structured products and derivative instruments.
Today, the bank is the largest provider of infrastructure debt and the largest arranger of external commercial
borrowings in the country. It is the only Indian bank to feature in the Fortune 500 list.
The bank is actively involved since 1973 in nonprofit activity called Community Services Banking. All
branches and administrative offices throughout the country sponsor and participate in large number of
welfare activities and social causes. Their business is more than banking because they touch the lives of
people anywhere in many ways.
State Bank of India (SBI) has received an approval from the Government of India (GOI) for acquisition of SBI
Commercial and International Bank (SBICI Bank). The government had issued the 'Acquisition of SBICI
Bank Order 2011' vide order dated July 29, 2011.
SBI entered the UK's home loan market, the bank started with mortgages for landlords, best known as buy
tolet mortgages, with amounts ranging from ??50,000 to ??1.5 million, and loan to value of ratios of up
to 60 per cent.
Subsidiaries:
Banking Subsidiaries
State Bank of Bikaner and Jaipur (SBBJ)
State Bank of Hyderabad (SBH)
State Bank of Mysore (SBM)
State Bank of Patiala (SBP)
State Bank of Travancore (SBT)
Non banking Subsidiaries
SBI Capital Markets Ltd
SBI Funds Management Pvt Ltd
SBI Factors & Commercial Services Pvt Ltd
SBI Cards & Payments Services Pvt. Ltd. (SBICPSL)
SBI DFHI Ltd
SBI General Insurance Company Limited
Joint Ventures
SBI Life Insurance Company Ltd (SBI LIFE)
SBI General Insurance Company Limited
Achievements/ recognition:
Business Standard has been awarded the Banker of the Year Award to Shri O.P.Bhatt.
June ?08 Awards & Recognitions CNN IBN Network 18 has selected Shri O.P.Bhatt as Indian of the
Year ? Business 2007.
Asian Centre for Corporate Governance & Sustainability and Indian Merchants Chamber has awarded the
Transformational Leader Award 2007.
State Bank of India ranked as NO.1 in the 4Ps B & M & ICMR Survey on India's Best Marketed Banks in August
2009.
Shri Om Prakash Bhatt declared as one of the '25 Most Valuable Indians' By The Week Magazine For 2009.
State Bank of India has been adjuged The Best Bank 2009 By Business India in August2009.
It bagged ??Most Preferred Bank? and ??Most Preferred Brand for Home
Loan? at CNBC Awaaz Consumer Awards.
It became the only Indian bank to get listed in the Fortune Global 500 List.
SBI was at the 70th slot in the top 1000 bank survey by Banker Magazine .
It was awarded Golden award for being among the two most trusted banks in India by Readers Digest.
SBI is ranked 6th in the Economic Times Market Cap List.
SBI ranked as no.1 in the 4Ps B & M & ICMR Survey on India's Best Marketed Banks (August2009)
Nri services
Document Procurement
Description :
Understanding government procedures and managing to procure official documents from India is
a hassle beyond comprehension for all most all NRIs. Need a birth certificate for your green card
application? Need marks transcripts to apply for higher studies abroad? Need Bachelorhood
certificate to marry abroad? Need attestation on documents or a clearance certificate from
authorities in India?
Property Management
Description :
You could lose a lot of sleep worrying about your property matters in India. Need to buy a
property for investment in one of the upcoming areas or sell and reinvest? Need help with finding
a tenant and tenant management? Or you just need some unbiased advice before taking a
property decision.
Buying/Selling Assistance
Description :
Buying/Selling Property is always a big deal, especially when it your first purchase/sale. While
people involved will say that all documents are in order, its always a better idea to have it cross
checked, when big numbers are at stake being over cautiousness is a sign of prudence.
We at S2NRI will physically check your Property and verify if it really exist, names mentioned in
Local Registrar office matches with your information, geo tag the property with GPS Location,
take actual pictures, all your property paper work to be evaluated with a reputed lawyer, get
encumbrance certificate to know about dealings in the said property, assist you in drafting a sale
deed which takes care of your interest prior to registration, inform you about stamp duty liability
and registration fees, our relationship manager will be physically with you or your Power of
Attorney holder. Basically we do all the running around and try to reduce your anxiety/stress.
Once registration is done we will assist you in getting your encumbrance/khata/patta or 7/12
Certificate as applicable. Legal and other incidental fees for procurement of documents shall be
extra.
Financial/Taxation Legal/Insurance
Description :
Aren't sure if you have to file your tax returns in India? Need expert advice and assistance on
repatriation, capital gains, safe investments? Need someone to attend to Income Tax Notice,
require legal counsel on a range of issues including things like will, inheritance, eviction, disputes
and litigation. Need Advice on Insurance?
Health/Medical
Description :
Health management is more important than Wealth Management, as the saying goes only a
healthy body/mind can bring in healthy results, first happiness for any living creature is Health, to
achieve any other happiness, health is a pre-requisite.
The health services in India are so good that Health Tourism has grown multifold in the past
decade. As per Frost & Sullivan, Indian healthcare industry (hospitals, medical infrastructure,
medical devices, clinical trials, outsourcing, telemedicine, health insurance and medical
equipment) is expected to reach US$ 160 billion by 2017. India has a host of medical services,
and value for money medical solutions. The treatment cost in India is considered to be the lowest
in Asia, much lower than other Asian countries with similar facilities. India has five star medical
facilities, highly qualified doctors and most importantly there are no language problems.
Taking care of our elderly parents is one of the most important social as well as personal
obligations that most of us are committed to. With a professional agency like Services 2 NRI
providing services for a reasonable price the NRIs now have the chance to ensure the best
quality care for their parents back home.
Immigration
Description :
Immigration is defined as "the movement of people into another country or region to which they are not
native in order to settle there". Immigration can be attributed to multiple reasons including economic
and/or political reasons, family re-unification, natural disasters or the wish to change one's surroundings
voluntarily.
Migrating to another part of the world is one big decision in life which can affect entire family for
generations to come.
Education
Description :
Education is an act or process of imparting or acquiring general knowledge, particular knowledge
or skills, as for a profession, or developing the powers of reasoning and judgment, and generally
of preparing oneself or others intellectually for mature life. Education runs as a flare in the blood
of those in India. Attaining the highest qualification with the topmost ranks is the passion of every
soul breathing in the country. NRI does generally face the dilemma of getting their kids educated
in India or abroad. Education in India is certainly of high quality and vale for money, multiple
options for studies and multiple options to choose from how much money parents are ready to
spend on their kids education. Fees can be as low as US$ 500 per annum to as high as US$
20,000 per annum. The Indian academic system is widely praised for its produce at pocket friendly
rates. For the same reasons, an increased number of NRIs and international students are
migrating to India to avail high profile academic system. With so many options comes another
issue, how to choose, one may have a million options but finally only 1 can be chosen. NRIs have
to first decide should the kids be sent to India for getting education or should they stay back with
parents in foreign land and get educated in foreign land. Certainly one needs complete
information on the different options available in India for getting kids educated. With multiple
boards and multiple schools the options are really too many to choose from. We at S2NRI try and
help you take this crucial decision by giving you all the required information and also by assisting
you once you deicide to get your
PERSONAL BANKING
Our internet banking portal provides personal banking services that gives you complete control
over all your banking demands online.
Features
Interested in our INB facility?
Get online life insurance cover of Rs.1 Crore for Rs.18 per day. Click here.
Forex Outward Remittance Scheme new
IMPS in now on Mobile OnlineSBI
State Bank Virtual Card
SBI-InstaPay / SBI-OxiPay
Online Term Deposits
Convenient Utility Bill Payments
ASBA facility
Tax payments
CORPORATE BANKING
Corporate Banking application provides features to administer and manage non personal
accounts online.
Features
Collect Fee Online - State Bank Collect
User management at your fingertips
Easy synchronization with Corporate ERP System
Bulk file upload facility for payments
Pay Direct, Indirect, State Govt Taxes & EPF Payments online
Provision for highly customized MIS
OTHER SERVICES
Reprint Branch Remittance Form new
Merchant Acquiring Business - POS new
Govt. of Rajasthan e-GRAS
Genuine Applications !
SBI e-File !
Complaints
Online Shopping
Foreign Travel/EZ-Pay/Gift Cards
Mobile Banking Services
NRI Services
OnlineSBI Global
SBI Express Remit
e-DFS/e-VFS
SBI F.A.S.T.
Secure Card Transactions
190 offices in 35 Countries; 476 Correspondent Banks across 118 countries
An ideal business partner for individulas and institutions across the bridge
State Bank of India's dedicated and skilled team of professionals enables you to meet your
business and personal needs by providing comprehensive international banking products,
services and financial solutions, tailor-made to meet your overseas banking requirements
AGRICULTURE / RURAL
State Bank of India Caters to the needs of agriculturists and landless agricultural
labourers through a network of 8750 rural and semi-urban branches.
Apart from the branches, there are 428 Agricultural Development Branches (ADBs)
which also cater to agriculturists.
We are the leaders in agri finance in the country with a portfolio of Rs. 64,000 crs in
agri advances covering around 80 lac accounts.
Our branches have covered a whole gamut of agricultural activities.
To give special focus to agriculture lending Bank has also appointed agri specialists in
various disciplines to handle projects/ guide farmers in their agri ventures.
Now we are setting up Agri Commercial Branches (ACBs) which will handle high value
agri financing involving large investments.
Companies in India
Total Companies in India57532
MNCs in India4142
Top IT Co. in India6641
Top Non IT Co. in India50901
Industry Best Co. in India12910
Best SMEs of India39490
India's Top 500
India's 501-1000
View All
Key Executives of India
MD / CEO70626
CFO55847
CIO55843
HR Head55886
Marketing Head55861
Sales Head55815
Admin Head56147
Purchase Head56147
View All
Location wise
Companies in Delhi / NCR
Companies in Mumbai
Companies in Bangalore
Companies in Chennai
Companies in Hyderabad
Companies in Pune
View All
Recent awards and recognitions[edit]
SBI won the Best Bank award in the 'ASiAMONEY FX POLL OF POLLS 2014 for best overall
performance as domestic provider of Forex services over the last 10 years.
[19]
SBI was ranked as the top bank in India based on tier 1 capital by The Banker magazine in a 2014
ranking.
[20]
SBI was ranked 298th in the Fortune Global 500 rankings of the world's biggest corporations for
the year 2012.
[2]
SBI won "Best Public Sector Bank" award in the D&B India's study on 'India's Top Banks
2013'.
[21][22]
State Bank of India won three IDRBT Banking Technology Excellence Awards 2013 for Electronic
Payment Systems, Best use of technology for Financial Inclusion, and Customer
Management & Business Intelligence in the large bank category.
[23]
SBI won National Award for its performance in the implementation of Prime Ministers
Employment Generation Programme (PMEGP) scheme for the year 2012.
[24]
Best Online Banking Award, Best Customer Initiative Award & Best Risk Management Award
(Runner Up) by IBA Banking Technology Awards 2010
SKOCH Award 2010 for Virtual corporation Category for its e-payment solution
SBI was the only bank featured in the "top 10 brands of India" list in an annual survey conducted
by Brand Finance and The Economic Times in 2010.
[25]
The Bank of the year 2009, India (won the second year in a row) by The Banker Magazine
Best Bank Large and Most Socially Responsible Bank by the Business Bank Awards 2009
Best Bank 2009 by Business India
The Most Trusted Brand 2009 by The Economic Times.
SBI was named the 29th most reputed company in the world according to Forbes 2009
rankings
[26]
Most Preferred Bank & Most preferred Home loan provider by CNBC
Visionaries of Financial Inclusion By FINO
Technology Bank of the Year by IBA Banking Technology Awards
SBI was 11th most trusted brand in India as per the Brand Trust Report 2010.
[27]
