State Bank of India
BankingAn absolute behemoth, SBI is India's largest public sector bank, boasting a legacy of over 200 years and deeply intertwining with the nation's economic fabric.
Official State Bank of India Careers Website
Quick Facts
- Founded
- 1955 (Roots to 1806)
- Headquarters
- Mumbai, India
- Industry
- Banking & Financial Services
About State Bank of India
The State Bank of India (SBI) is a Fortune 500 company and the undisputed titan of Indian banking. Its deepest roots go back to 1806 with the founding of the Bank of Calcutta. Through various amalgamations, it became the Imperial Bank of India, which was nationalized in 1955 to become SBI.
SBI commands nearly a quarter of the deposit and advances market in India. Beyond traditional banking, SBI heavily invests in digital transformation, notably through its YONO (You Only Need One) digital banking platform. It offers one of the most highly sought-after banking careers in India through its Probationary Officer (PO) exam.
What State Bank of India Does
Retail Banking
Massive branch network serving millions across urban and rural India.
Corporate & Institutional
Major financier for Indian infrastructure and large corporate groups.
Digital Banking (YONO)
SBI's flagship digital banking and lifestyle app.
International Banking
Operations across 30+ countries facilitating global trade.
Career Areas
Types of professional roles found inside State Bank of India.
- Probationary Officer (PO)
- Specialist Officer (IT, Risk, Wealth)
- Clerical / Junior Associate
- Data Scientist (YONO/Analytics)
- Branch Management
State Bank of India's History
- 1806Roots
Bank of Calcutta is founded (later Bank of Bengal).
- 1921Imperial Bank
Banks of Bengal, Bombay, and Madras merge to form the Imperial Bank of India.
- 1955Nationalization
The Imperial Bank is nationalized and renamed the State Bank of India.
- 2017Mega Merger
Five associate banks and Bharatiya Mahila Bank merge into SBI.
Purpose & Values
“The Banker to Every Indian”
