<P> State Bank of India ( SBI ) is an Indian multinational , public sector banking and financial services company . It is a government - owned corporation with its headquarters in Mumbai , Maharashtra . On April 1 , 2017 , the State Bank of India , which was India 's largest bank , merged with five of its associate banks ( State Bank of Bikaner & Jaipur , State Bank of Hyderabad , State Bank of Mysore , State Bank of Patiala and State Bank of Travancore ) , and with the Bharatiya Mahila Bank . This was the first ever large scale consolidation in the Indian banking industry . With the merger , SBI became one of the 50 largest banks in the world ( balance sheet size of ₹ 33 trillion , 278,000 employees , 420 million customers , and more than 24,000 branches and 59,000 ATMs ) . SBI 's market share was projected to increase to 22 percent from 17 per cent . It has 198 offices in 37 countries ; 301 correspondents in 72 countries . The company is ranked 232nd on the Fortune Global 500 list of the world 's biggest corporations as of 2016 . </P>
<P> State Bank of India ( SBI ) is an Indian multinational , public sector banking and financial services company . It is a government - owned corporation with its headquarters in Mumbai , Maharashtra . On April 1 , 2017 , the State Bank of India , which was India 's largest bank , merged with five of its associate banks ( State Bank of Bikaner & Jaipur , State Bank of Hyderabad , State Bank of Mysore , State Bank of Patiala and State Bank of Travancore ) , and with the Bharatiya Mahila Bank . This was the first ever large scale consolidation in the Indian banking industry . With the merger , SBI became one of the 50 largest banks in the world ( balance sheet size of ₹ 33 trillion , 278,000 employees , 420 million customers , and more than 24,000 branches and 59,000 ATMs ) . SBI 's market share was projected to increase to 22 percent from 17 per cent . It has 198 offices in 37 countries ; 301 correspondents in 72 countries . The company is ranked 232nd on the Fortune Global 500 list of the world 's biggest corporations as of 2016 . </P>
total number of state bank of india branches
total number of state bank of india branches
more than 24,000
more than 24,000