No monthly fees. No minimum balances. Sign up in 10 minutes. Mercury is not a bank. Banking services provided by Mercury’s FDIC-insured partner banks.
- How it works
Mercury provides stability,
security & control for your startup
- Apply Now
Checking & saving accounts, plus
credit cards to scale your company.
- Reimbursements
Manage employee expenses
with easy-to-use reimbursements.
- Financial workflows
Get banking, plus bill pay & more.
Work from a single source of truth.
- Working Capital for Ecom
Grow your ecommerce business with a
working capital loan. Apply now.
- Raise
Work with peer founders, connect
with investors, and access capital.
- How it works
Search results
- State Bank of India (SBI) is authorized and regulated by Reserve Bank of India and Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority (FCA) and limited regulation by Prudential Regulation Authority. SBI is entered on the Financial Services Register and its register number is 139156. SBI (UK) is registered in England and Wales (registered no: FC004460, branch no: BR000696) as an overseas company, with a registered office at 15-17 King Street, London EC2V...
sbiuk.statebank/documents/274771/275431/Product Guide - Feb 2021.pdf/aff9a6bf-091d-dfb5-eebc-e28875a4fcee?t=1613385667613State Bank of India (SBI) is authorized and regulated by ...
People also ask
Is SBI a subsidiary of State Bank of India?
Who regulated State Bank of India (UK) Limited?
Who is State Bank of India?
What does SBI stand for?
Is SBI a government-controlled bank?
Who owns SBI Bank?
In 2008, the Government of India acquired the Reserve Bank of India's stake in SBI to remove any conflict of interest because the RBI is the country's banking regulatory authority. In 1959, the government passed the State Bank of India (Subsidiary Banks) Act.
- 11.78%
- 11.96%
- 12.35%
- 56.92%
State Bank of India (UK) Limited (“SBI UK”) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 757156).
State Bank of India (SBI) a Fortune 500 company, is an Indian Multinational, Public Sector Banking and Financial services statutory body headquartered in Mumbai. The rich heritage and legacy of over 200 years, accredits SBI as the most trusted Bank by Indians through generations.
The Bank’s Central Board draws its powers from and carries out its functions in compliance with the provisions of SBI Act & Regulations 1955. Its major roles include, among others, Overseeing the risk profile of the Bank; and review, decision-making, monitoring, control and reporting.
- History of State Bank of India
- Chronology
- Additional Details
- Further Reference
State Bank of India (SBI) is that country's largest commercial bank. The government-controlled bank--the Indian government maintains a stake of nearly 60 percent in SBI through the central Reserve Bank of India--also operates the world's largest branch network, with more than 13,500 branch offices throughout India, staffed by nearly 220,000 employe...
Key Dates:1806:The Bank of Calcutta is established as the first Western-type bank.1809:The bank receives a charter from the imperial government and changes its name to Bank of Bengal.1840:A sister bank, Bank of Bombay, is formed.Public Company (60% Government-Owned)Incorporated:1921 as the Imperial Bank of IndiaEmployees:220,000Total Assets:$104.81 billion (2003)Chatterjee, Debojyoti, "The Great SBI Makeover,"Business Today,August 4, 2002.Chowdhury, Neel, "Privatizing in India: Bank's Thorny Path,"International Herald Tribune,August 16, 1996, p. 17.Guha, Krishna, "State Bank of India Faces a Bumpy Ride,"Financial Times,January 14, 1998, p. 38.Merchant, Khozem, "SBI Close to Finding Partner,"Financial Times,February 2, 2004, p. 24.About SBI. With a legacy of over 200 years, State Bank of India is an Indian multinational, public sector banking and financial services institution. For SBI, the interests of the common man have always remained at the core of its business.
State Bank of India (SBI) is authorised and regulated by Reserve Bank of India and Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority (FCA) and limited regulation by Prudential Regulation Authority.
