State Bank of India (SBI) is India's largest public sector bank and a multinational financial services institution headquartered in Mumbai. With a heritage spanning over 200 years, SBI is a Fortune 500 company that serves over 500 million customers, making it one of the world's largest banks by customer base.
SBI holds a dominant position in the Indian banking sector with a 23% market share by assets and 25% share of the total loan and deposits market. As of March 2025, the bank reported total assets of ₹66,76,053 crore (approximately USD 800 billion). SBI is the tenth largest employer in India with nearly 250,000 employees and operates as a statutory body owned primarily by the Government of India.
