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The State Bank of India Act, 1955: Inaugural holder: John Matthai (1955–1956) Formation: 1 July 1955; 69 years ago () Deputy: 4 Managing Directors and 8 Directors [1] Salary ₹ 225,000 (US$2,600) Website: bank.sbi
The State Bank of India (SBI), the largest scheduled commercial bank in India, is the largest shareholder in Yes Bank, holding 23.99% of the shares. [36] Yes Bank has also received investments from international private equity firms, namely Advent International and The Carlyle Group. [37] [38] Largest shareholders
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 ]
Swaminathan Janakiraman is an Indian career banker who served as the Managing Director State Bank of India from January 2021 until June 2023. On 20 June 2023, he was appointed as the Deputy Governor of Reserve Bank of India by the Government of India. [1] [2] He served the State Bank of India for 34 years and became a managing director. [3]
Members of Parliament have a base salary of ₹100,000 (US$1,200) plus other allowances. The Chief Ministers of Indian states have varying salaries, with Telangana 's Chief Minister earning the highest at ₹400,000 (US$4,800) per month.
Governor of the Reserve Bank of India [1] [2] [3] 12 Borra Venkatappaiah: 1 July 1955 28 February 1962 6 years, 242 days Career banker Chairman of the State Bank of India [1] [2] [3] 13 M.V. Rangachari 1 March 1960 28 February 1965 4 years, 364 days [1] [2] [3] 14 Dattatreya Gopal Karve: 1 March 1962 29 February 1964 1 year, 365 days Economist
Dinesh Khara, Chairman of State Bank of India; Madhav Nair, Country Head and CEO of Mashreq Bank; and S. S. Mallikarjuna Rao, MD and CEO of Punjab National Bank, were elected as deputy chairmen. Rakesh Sharma, MD and CEO of IDBI Bank, was elected as the Honorary Secretary for 2020–2021. The Chief Executive of IBA is Sunil Mehta, and chief ...
SBI Capital Markets (SBICAPS) is a wholly owned investment banking subsidiary of State Bank of India (SBI). [3] Headquartered in Mumbai, SBICAPS has 6 regional offices across India (Ahmedabad, Chennai, Hyderabad, Kolkata, New Delhi and Bengaluru) and the United Arab Emirates (Abu Dhabi), and 2 subsidiaries - SBICAP Securities Limited and SBICAP Trustee Company Limited.