Bank of India is the largest state-owned banking & financial services
company in India established in 1955. In 1955, India nationalised the Imperial
Bank of India with the RBI taking a 60% stake & the name was changed to
State Bank of India. It operates in 4 business segments such as Treasury
Corporate/ Wholesale Banking Retail Banking and other Banking Business.
from the banking services, it offers a range of financial services through its
subsidiaries, including life insurance, merchant banking, mutual funds, credit
card, pension fund management and primary dealership in the money market. It is
the country’s oldest bank and a premier in terms of balance sheet size, the
number of branches, market capitalisation and profits.
MERGERS AND ACQUISITIONS
In 2008, SBI merged the State Bank of Saurashtra.
After 2 years, SBI also merged with State Bank of Indore.
The board of SBI earlier accepted the merger plan
under which SBBJ shareholders will get 28 shares of SBI (Re 1 each) for every
10 shares (Rs 10 each) held.
SBI had accepted separate schemes of acquisition of
State Bank of Hyderabad & State Bank of Patiala.
SBI acquired 48.2% of the shares of Yes Bank as part
provides given below services to the customers:
Agriculture / Rural
AWARDS AND RECOGNITION
Received Innovation in Customer Data Management
Received award for change management for managing large
scale IT projects.
Received Asia’s Best CSR Practices Award
Received Asian BFSI Awards
Received India’s Most Ethical Companies Award
Received Asian Green Future Leadership Awards
Received Golden award for being among the two most
trusted banks in India
In 2001: Started the SBI Life Insurance Company.
During 2005-2006, set up SBI e-tax,
an online tax payments facility for direct and indirect tax payment. It has
also launched centralised pension processing.
During 2007-2008: Set up 965 branches all over the
country. Also launched a new product Construction Equipment Loan to cater to
construction companies. It has found new
products such as SBI Reverse Mortgage Loan and SBI Home Plus in Home Loans.
Set up Import factoring a new product in association
with SBI Factors & Commercial Services Ltd.
Launched 3 new products such as SBI Special Home Loan, SBI
Happy Home Loan and SBI Lifestyle in response to India’s stimulus package.
Set up e-invest for the applications supported by
blocked accounts to assist investors for their equity subscriptions IPO and
During 2009-2010: Launched SBI Loan to Affluent
Pensioners' enabling the government pensioners to avail personal loans up to Rs
3 lakh. It also created a special package the Defence Salary Package for the 3
Armed Forces personnel such as the Army Navy and Air Force who maintain their
During 2010-2011: Launched two new products, namely
'Pushpa Ullas' and 'Arthias Plus' on a pilot basis. It has also set up its
'Green Channel Counter' at select branches across the country.
In 2012: Set up virtual debit cards to check online
fraud and promote e-commerce.
In 2014: Set up new digital Online and self-service
banking solutions with support from Accenture.
In 2015, set up a RuPay
Platinum debit card in association with India’s
National Payment Corporation.
In 2016: Declared that it has sold 5% stake in
National Stock Exchange of India Limited constituting 22.50 lakh equity shares
of NSE to Veracity Investments Limited.
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with SBI stock analysis
Invest Yadnya provides an
unbiased & transparent financial ratio analysis of SBI bank & SBI
share analysis. We keep on updating our data
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main objective is to assist our clients in research
on 950+ companies, including SBI
We also provide our clients with
the State Bank of India annual report & State
Bank of India results to understand its financial position before making any investment decisions. SBI fundamental analysis offers a summary of how the company incurs revenues &
A detailed SBI analysis is available on the
website. It helps to analyse the company's competitive position and its
operating results over a specific period. It gives an investor a sense of
whether the company is growing, stable or deteriorating. This offers investors
clarity about which stock they should invest in.
analysis of SBI bank gives the clients a better understanding of the
company’s EPS, Debt-Equity Ratio etc. It helps clients take the first step in
choosing which companies to invest in. Check out our stock articles on SBI
stock analysis based on Q1FY21 & Q2FY21 results.
To find the latest SBI Bank performance analysis, check out our Equity Research and
Stock Fundamental Analysis Tool, Sock-O-Meter. You can also find the latest SBI share price on our stock
Our website has information about 12 other Public Bank Companies that give insight into its
financials. Companies include Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank Of India, Bank Of India, Central Bank Of India & many more.