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Sunday, March 12, 2023

The number of customers in SBI is more than the population of 99% countries


from Hellobanker

SBI : State Bank of India (SBI) is an Indian Multinational, Public Sector Banking and Financial services statutory body headquartered in Mumbai. SBI is the largest Indian Bank with 1/4th market share and serves over 45 crore customers through its vast network of over 22,000 branches, 62617 ATMs/ADWMs, 71,968 BC outlets. The Bank has successfully diversified businesses through its various subsidiaries i.e SBI General Insurance, SBI Life Insurance, SBI Mutual Fund, SBI Card, etc. It has spread its presence globally and operates across time zones through 229 offices in 31 foreign countries.

Customers in SBI

SBI has more than 45 crore customers. This is a huge number. No other bank in India or world has such a big number of customers. This number is even higher than the population of 99% of the countries in the world. Only India and China have more population than the number of customers of SBI. The population of India is 140.76 crores and the population of China is 141.24 crores. Rest all other countries have less population.

Population of Top 10 countries

CountryPopulation (crores)
China142.5
India142.8
SBI Customers45+
United States33.9
Indonesia27.7
Pakistan24
Nigeria22
Brazil21.6
Bangladesh17.2
Russia14.4
Mexico12.8

SBI

Established1 July 1955
HeadquartersState Bank Bhawan, M.C. Road, Nariman Point, Mumbai, Maharashtra, India
Branches22,219 Branches 229 Branches in 31 countries
ATMs62,617
Revenue₹406,973 crore (US$51 billion) 
Operating income₹78,898 crore (US$9.9 billion)
Net income₹43,774 crore (US$5.5 billion)
Total assets₹5,177,545 crore (US$650 billion)
Total equity₹300,972 crore (US$38 billion)
Number of employees2,44,250 (March 2022)
Owned ByMinistry of Finance
(Government of India)
Subsidiaries● SBI Life Insurance Ltd SBI Cards and Payment Services Ltd
● SBI General Insurance (70%)
● Jio Payments Bank (30%)
● Yes Bank (30%)
● Andhra Pradesh Grameena Vikas Bank (35%)
● Kaveri Grameena Bank (35%)
Capital ratioTier 1 11.03% (2022)
RatingS&P BBB- / A-3/ Stable Moody’s Baa3/ P-3/ Stable Fitch BBB- / F-3/ Stable
Websitebank.sbi

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