SBI FactSheet May: 10,000+ Data-Driven Insights

SBI: A Banking Behemoth with a Rich History

State Bank of India (SBI), established in 1806, stands as India's largest commercial bank with a vast network of over 22,000 branches and 58,000 ATMs across the country. Its deep-rooted history and extensive presence make SBI a trusted financial institution for millions of Indians.

Key Financial Indicators

10,000+ Crore in Net Profit: SBI achieved a substantial net profit of over 10,000 crore in May 2023, demonstrating its financial strength and profitability.

22,000+ Branches Nationwide: With a vast network of over 22,000 branches, SBI offers convenient banking services to customers across urban, semi-urban, and rural areas.

58,000+ ATMs for Accessibility: SBI's wide network of 58,000+ ATMs ensures easy access to cash and other banking services for its customers, even in remote locations.

Customer-Centric Innovations

100+ Digital Banking Services: SBI has embraced digitalization by offering a comprehensive suite of over 100 digital banking services, including mobile banking, internet banking, and YONO by SBI.

10,000+ Villages Covered by Digital Banking: SBI has extended its digital banking reach to over 10,000 villages, empowering rural customers with access to banking services at their fingertips.

24/7 Customer Support: SBI provides dedicated 24/7 customer support through multiple channels, including call centers, email, and social media, ensuring prompt assistance to its customers.

Social Impact

100 Crore Loan Accounts: SBI has extended credit to over 100 crore loan accounts, supporting individuals, businesses, and entrepreneurs in their financial endeavors.

1,000+ Rural Development Projects Funded: SBI has played a significant role in rural development by funding over 1,000 projects, improving access to infrastructure, education, and healthcare in rural areas.

50% Market Share in Home Loans: SBI holds a dominant market share of over 50% in the home loan segment, enabling countless families to achieve their dream of homeownership.

Investment Opportunities

10+ Subsidiary Companies: SBI has several subsidiary companies, including SBI Life Insurance, SBI General Insurance, and SBI Cards and Payment Services, offering a diverse range of financial products and services.

100% Subsidiary in Nepal: SBI's presence extends beyond India, with a 100% subsidiary in Nepal, providing banking services to the Nepalese population.

100+ Partnerships with FinTechs: SBI has forged partnerships with over 100 FinTech companies to leverage innovative technologies and enhance customer experiences.

Awards and Recognition

5 Star Rating from CRISIL: SBI has consistently received a 5-star rating from CRISIL, a leading credit rating agency, for its strong financial performance and customer service.

100 Top Employers in India: SBI has been ranked among the top 100 employers in India by the Great Place to Work Institute, recognizing its employee-friendly policies and work culture.

10+ Awards for Digital Innovation: SBI has won numerous awards for its digital initiatives, including the "Best Digital Bank in India" award from Euromoney.

Tables for Quick Reference

Questions to Engage Customers

• Are you satisfied with the convenience of our digital banking services?
• How can we improve our customer support experience to meet your needs?
• What types of innovative financial products would you like to see from SBI?
• How can we better support your financial goals and aspirations?

Tips and Tricks for SBI Customers

• Utilize SBI's YONO by SBI mobile app for seamless banking on the go.
• Set up auto-pay for recurring payments to avoid late fees and save time.
• Explore SBI's investment products, such as mutual funds and fixed deposits, to grow your savings.
• Take advantage of SBI's doorstep banking services for convenient access to banking services from the comfort of your home.

Common Mistakes to Avoid

• Do not disclose your personal or banking information to unauthorized individuals or websites.
• Be cautious of phishing emails and SMS messages that may attempt to steal your credentials.
• Avoid using public Wi-Fi networks when accessing your SBI account.
• Regularly monitor your account statements to detect any unauthorized transactions.