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www.statebankofindia.com
State Bank of India has ended the first
half (H1) of the financial year 2002-03 with improved performance
under both credit delivery and non-interest income. This has
helped the Bank to maintain its profitability trend despite
fall in actual lending rates and pressure on interest margins
in the banking industry.
www.sbilife.co.in
SBI Life Insurance Company Ltd. is a
joint venture between India's largest bank, State Bank of India
and Cardif S.A., a leading Life Insurance company in France.
State Bank of India (SBI) is a household name, and it stands
as the last word for financial strength and security in the
country. SBI's illustrious background dates back to the year
1806 when it started business, as a presidency bank, known as
Bank of Bengal.
www.sbicard.com
SBI card in 1998 saw a new vista opening
for the Indian credit card users. GE Capital Services, the largest
issuer of private label credit cards in the world and State
Bank of India, the largest Indian bank created two companies
to address the market: namely, SBI Cards and Payment Services
Ltd. (SBICPSL) and GE Capital Business Process management Services
ltd. (GECSBPMSL).
www.sbimf.com
SBI Mutual Fund draws strength from
India's premier and largest bank; the State Bank of India. Set
up on July 1, 1955, the State Bank of India is the largest banking
operation in the country. Through
years of commitment to service and national development, SBI
has grown into an instrument of social change. Today, it has
9,019 branches in India (excluding over 700 branches of banking
subsidiaries) and 51 offices in 31 countries spread over all
time zones.
www.rbi.org.in
Reserve Bank of India established
on April 1, 1935 in accordance with the provisions of the Reserve
Bank of India Act, 1934. Central Office at Mumbai since inception.
Though originally privately owned, since nationalisation in
1949 fully owned by the Government of India.
www.sbbjbank.com
State Bank of Bikaner and Jaipur, a
professionally managed Public Sector Bank with a track record
of uninterrupted profitability and dividend payment (except
one year) since its inception in 1963, came into existence after
amalgamation of the erstwhile State Bank of Jaipur with State
Bank of Bikaner,as a subsidiary of State Bank of India.
www.indorebank.org
State Bank of Indore popularly known
as Indore Bank in Malwa Region, originally known as Bank of
Indore Ltd. was incorporated under a special charter of His
Highness Maharaja Tukojirao Holker-III, the then ruler of this
region.In terms of State Bank of India (Subsidiary Banks) Act,
1959 the Bank of Indore Ltd. became a subsidiary of State Bank
of India w.e.f. 1st January 1960 and was renamed as State Bank
of Indore.
www.sbp.co.in
The constitution, scope and operations
of this Bank underwent a sea change with the formation of the
Patiala and east Punjab States Union (PEPSU) in 1948. The Bank
was then reorganized and brought under the control of Reserve
Bank of India. It was christened as the Bank of Patiala. Another
milestone in history of the Bank was its becoming a subsidiary
of the State Bank of India on 1st April,1960.
www.sbsbank.com
The roots of the State Bank of Saurashtra
can be traced back to the Bhavnagar Darbar Bank, formed in 1902.
The Bank was renamed as State Bank of Saurashtra in 1950 with
the merger of the Banks of the princely states of Porbandar,
Rajkot, Palitana and Vadia with the Bhavnagar Darbar Bank, and
became an associate of State Bank Of India in 1960 under SBI
(Subsidiary Banks) Act,1959.
www.statebankoftravancore.com
State Bank of Travancore (SBT) was originally
established as Travancore Bank Ltd. in 1945 sponsored by the
erstwhile Princely State of Travancore. Under a special statute
of the Indian Parliament (SBI subsidiary Banks Act 1959) it
has been made an Associate of the State Bank of India and a
member of the State Bank Group.
www.mysorebank.com
State Bank of Mysore was established
in the year 1913 as Bank of Mysore Ltd. under the patronage
of the erstwhile Govt. of Mysore, at the instance of the banking
committee headed by the great Engineer-Statesman, Late Dr. Sir
M.Visvesvaraya. Subsequently, in March 1960, the Bank became
an Associate of State Bank of India. |
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