State Bank of India
Indian public sector bank
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| May 2025 | A State Bank of India branch manager at the Surya Nagar branch in Anekal Taluk, Karnataka, sparked a language controversy by refusing to communicate in Kannada with a customer, insisting on speaking Hindi. The incident went viral on social media, leading to widespread criticism. |
| 2024 | SBI is ranked 178th in the Fortune Global 500 list and 55th in Forbes Global 2000, becoming the only Indian bank on the Fortune Global 500 list. |
| September 30 2024 | SBI card partnered with Singapore Airlines to launch KrisFlyer Credit card for frequent travelers. |
| August 28 2024 | Challa Sreenivasulu Setty became the current chairman of the State Bank of India. |
| June 2024 | SBI crossed an all-time high market capitalization of ₹8 trillion, becoming the 7th Indian company and third Indian bank to reach this milestone. |
| April 2024 | SBI's market capitalization surpassed ₹7 trillion, becoming the second public sector undertaking to achieve this milestone after Life Insurance Corporation of India. |
| February 2024 | State Bank of India began a partnership with Flywire Corporation to improve student fees and compliance with the Reserve Bank of India's Liberalised Remittance Scheme. |
| 2023 | State Bank of India (SBI) reported a workforce of 232,296 employees, with women representing nearly 27% of the total workforce. Employee composition included 47.4% officers, 38.4% associates, and 12.77% subordinate staff. |
| September 14 2022 | State Bank of India became the third lender and seventh Indian company to cross ₹5 trillion market capitalization on Indian stock exchanges. |
| August 16 2022 | SBI launched its first dedicated start-up branch in Bengaluru, aimed at supporting and facilitating India's start-up ecosystem. |
| October 7 2020 | Dinesh Kumar Khara, a career banker and chairman of SBI Life Insurance Company, becomes the 26th chairman of the State Bank of India. |
| March 2020 | State Bank of India acquired 48.2% of the shares of Yes Bank as part of an RBI-directed rescue deal, later reducing its shareholding to 26.13%. |
| November 2017 | State Bank of India launched YONO (You Only Need One), an integrated digital banking platform that provides comprehensive mobile banking services to customers. |
| October 7 2017 | Rajnish Kumar, a career banker and chairman of the Indian Institute of Banking and Finance, succeeds Arundhati Bhattacharya as SBI chairman. |
| April 1 2017 | Merger of five associate banks and Bharatiya Mahila Bank with SBI officially went into effect. |
| February 15 2017 | Union Cabinet approved the final merger of five associate banks with SBI. |
| June 15 2016 | Union Cabinet gave in-principle approval for the merger of five associate banks (State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, State Bank of Travancore) and Bharatiya Mahila Bank with SBI. |
| May 17 2016 | SBI board cleared a proposal to merge five associate banks and Bharatiya Mahila Bank with itself. |
| January 2016 | SBI opened its first branch in Seoul, South Korea. |
| September 2014 | By September, SBI had opened over 3 million accounts under the financial inclusion program, including 2.1 million rural accounts and 1.57 million urban accounts. |
| August 2014 | SBI participated in the Government's Pradhan Mantri Jan Dhan Yojana financial inclusion program, launching extensive banking camps to open new accounts. |
| October 7 2013 | Arundhati Bhattacharya became the first woman to be appointed chairperson of the bank, receiving a two-year extension to merge the remaining five associate banks. |
| September 9 2013 | SBI Sri Lanka opened its Jaffna branch. |
| July 29 2013 | SBI Botswana was issued a banking licence by the Bank of Botswana. |
| March 28 2011 | SBI USA opened its 10th branch in Fremont, California. |
| August 26 2010 | SBI Indore branches started functioning as SBI branches after the merger process was completed. |
This contents of the box above is based on material from the Wikipedia articles State Bank of India & List of chairpersons of the State Bank of India, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.