State Bank of India (SBI)

State Bank of India (SBI)

Official Website: www.sbi.co.in

State Bank of India (SBI) is a multinational banking and financial services company based in India. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. State Bank of India is one of the Big Four banks of India, along with ICICI Bank, Punjab National Bank and HDFC Bank. As of December 2016, it had assets of US$490 billion and 23,000 branches, including 190 foreign offices, making it the largest banking and financial services company in India by assets.

Associate Banks, State Bank of Bikaner and Jaipur (SBBJ), State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Hyderabad (SBH) and State Bank of Patiala (SBP) are merged from April 1, 2017 by State Bank of India.

The main aim of this merger is to take a place among the top 50 large banks of the world. SBI was ranked 52 in the world in terms of assets in 2015, according to Bloomberg, and a merger will see it break into the top 50.

Types of Exams:

  • Clerical Exam for their SBI Banks.
  • Probationary Officer Exam for their SBI Banks.
  • Specialist Officer Exam for their SBI Banks.

 Apart from these exams SBI also conducts Competitive Exams for Assistant Manager, Management Executives, Pharmacists, Control Room Operators and Armorers, Chief Technology Officer Recruitment.

Mode of Exam:

SBI has shifted to online exam process from 2014 onwards. The plan came into light when SBI declared Specialist Officer Exam 2014, and they are likely to continue this internet-based examination for all PO and Clerk recruitments.