About Us
Collaborate to Innovate with SBI
We’re on a mission to enable growth for India’s banking sector by accelerating innovation and digitisation.
Our Story
SBI InnoHub
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.
We are the largest banking and financial services organization in India, with an asset base of over Rs. 61 trillion. We serve over 50 crore customers through our vast network of over 22,500 branches, 63,580 ATMs/ADWMs, 82,900 BC outlets, with an undeterred focus on innovation, and customer centricity, which stems from the core values of the Bank - Service, Transparency, Ethics, Politeness and Sustainability.
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 241 offices in 29 foreign countries.
SBI's Innovation Hub as part of Open Banking initiative in line with global trend has enabled developers across the globe to seamlessly register and access Bank’s APIs. SBI has been actively involved in promoting Open Banking through various initiatives aimed at enhancing financial services and improving customer experience. SBI's Innovation Hub aims to enable Fintechs and e-commerce start-ups to easily partner with the Bank and co-create innovative products/solutions.
Growing with times, SBI continues to redefine banking in India, as it aims to offer responsible and sustainable Banking solutions.