State Bank of India New York
in the United States 🇺🇸
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About State Bank of India New York in the United States
State Bank of India New York is the U.S. branch of State Bank of India, a Fortune 500 Indian multinational banking and financial services institution. The New York Branch operates as a state-licensed, FDIC-insured branch serving the Indian diaspora and businesses engaged in U.S.-India trade and commerce. With approximately $23 billion in total assets, the branch provides specialized banking services connecting the U.S. and Indian financial markets.
The branch primarily engages in deposit-taking, remittances, commercial lending, trade finance activities, treasury operations, and investments. As an insured branch of a foreign bank, it is subject to ongoing supervision, examination, and regulation by the New York State Department of Financial Services and the FDIC.