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State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra.It is the 48th largest bank in the world by total assets and ranked 178th in the Fortune Global 500 list of the world's biggest corporations of 2024, being the only Indian bank on the list. [11]
Profit (billions US$) Assets (billions US$) Value (billions US$) Industry 1 49 Reliance Industries Limited: Mumbai 108.8 8.4 210.5 233.1 Conglomerate: 2 55 State Bank of India: Mumbai 71.8 8.1 807.4 87.6 Banking 3 65 HDFC Bank: Mumbai 49.3 7.7 483.2 133.6 Banking 4 70 Life Insurance Corporation: New Delhi 98.0 4.9 561.4 73.6 Insurance 5 142 ...
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India’s commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.
The net profit of the banks operating in India was ₹ 1,027.51 billion (US$12 billion or €12 billion) against a turnover of ₹ 9,148.59 billion (US$110 billion or €100 billion) for the financial year 2012–13. [68]
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Download as PDF; Printable version; In other projects ... Pages in category "Banks of India" ... a non-profit organization.
SBM Bank India; Scheduled Banks (India) Banking Ombudsman Scheme (India) Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002; Standard Chartered India; Structured Financial Messaging System
Offshore Banking Operation (OBO) was first introduced by Bangladesh Bank in 1985 through a circular for allowing active foreign financing at Export Processing Zones (EPZs). Banks operated the services with Bangladesh Bank approval without any separate law for an offshore banking system until the enactment of the Offshore Banking Act, 2024.