About
SBI
Founded in 1806, Bank of Calcutta was
the first Bank established in India and over a period of time evolved into SBI.
SBI represents a sterling legacy of over 200 years. It is the oldest commercial
Bank in the Indian subcontinent, strengthening the nation’s trillion-dollar
economy and serving the aspirations of its vast population. The Bank is India’s
largest commercial Bank in terms of assets, deposits, profits, branches, number
of customers and employees, enjoying the continuing faith of millions of
customers across the social spectrum.
New
Initiatives
Bank embarked on several new business
initiatives during the year which have started bearing fruit. Bank has
identified four key areas of focus: NPA reduction, risk and mitigates, cost
control and technology for better customer service.
