State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra.It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market.
SBI Card partners with Singapore Airlines to launch co-branded credit card.
With an aim to attract more depositors, especially the Gen Z, the State Bank of India(SBI) is looking to innovate existing products by combining fixed deposits and SIPs, SBI Chairman Setty told PTI in an interview.
The bank also has a strong corporate loan pipeline and aims to achieve a net profit of ₹1 lakh crore in 3-5 years, with a focus on balanced interest rates and customer service.