STATE BANK

State Bank of India operates as a public sector banking, and financial services statutory body with portfolio of products and services. The company is headquartered in Mumbai, Maharashtra and currently employs 235,858 full-time employees. The firm is engaged in providing a wide range of products and services to individuals, commercial enterprises, corporates, public bodies and institutional customers. The firm's segments include Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business and Other Banking Business. The Treasury segment includes investment portfolio and trading in foreign exchange contracts and derivative contracts. The Corporate/Wholesale Banking segment comprises the lending activities of corporate accounts group, commercial clients group and stressed assets resolution group. These include providing loans and transaction services to corporate and institutional clients and further include non-treasury operations of foreign offices/entities. The Retail Banking Segment is engaged in personal banking activities including lending activities to corporate customers having banking relations with its branches.