State Bank of India provides various banking products and services in India and internationally. Segments The Bank’s segments include Treasury, Corporate/Wholesale Banking, and Retail Banking. Treasury The Treasury Segment includes the investment portfolio and trading in foreign exchange contracts and derivative contracts. Corporate/Wholesale Banking The Corporate/Wholesale Banking segment consists of the lending activities of corporate accounts group, mid corporate accounts group, and stressed assets management group. These include providing loans and transaction services to corporate and institutional clients and further include non treasury operations of foreign offices. The corporate accounts group has 5 branches which cater to 489 corporate clients. The mid corporate accounts group focuses on funding projects in infrastructure sectors like power, telecom, roads, ports, airports, logistics and others. It also handles non-infrastructure projects. Retail Banking The Retail Banking Segment consists of branches in National Banking Group, which primarily includes personal Banking activities, including lending activities to corporate customers having banking relations with branches in the National Banking Group. This segment also includes agency business and ATM’s. The Bank's National Banking Group (NBG) consists of three business groups, such as personal banking, small & medium enterprise (SME), and government banking. Products and Services The company's deposit schemes include savings bank accounts, current accounts, basic banking-no frills accounts, term deposits, and recurring deposits; and loans comprise housing loans, car loans, educational loans, personal loans, loans for pensioners, loans against mortgage of property, and loans against shares and debentures. The company also provides NRI services that include deposit accounts, NRI car and home loans, and remittances; and agricultural/rural services, such as agricultural banking and micro credit, as well as domestic treasury, foreign travel cards, broking services, automated teller machine services, Internet banking, electronic payments, booking railway tickets online, inter-bank electronic funds transfer, safe deposit locker, gift cheques, foreign inward remittances, and credit cards. In addition, the company offers international banking products and services consisting of trade finance, correspondent banking, merchant banking, project export finance, exporter gold cards, offshore banking, and treasury services; and corporate banking products and services, such as corporate accounts, project finance, and corporate loans. It also provides pension processing, e-TAX, e-Freight, government accounts, public provident fund, senior citizens savings schemes, and small and medium enterprise banking services, as well as mutual funds, life insurance, factoring, and custodial services. History State Bank of India was founded in 1806.
state bank of india (SBIN:Natl India)
State Bank Bhavan
Madame Cama Marg
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