July 21, 2026
SBI Issues Press Release on SBI Funds Management Listing
SBI published a press release concerning the listing of SBI Funds Management Limited.
#Listing #AssetManagement
View post
About the company
Constituted
July 1, 1955Headquarters
Mumbai, IndiaIndustry
Banking and financial services
Customers
More than 50 crore
Branches
More than 23,288
Foreign presence
241 offices in 29 countries
Total assets (FY2026)
₹76.23 lakh crore
Total business (FY2026)
More than ₹109 lakh crore
Net interest income (FY2026)
₹1.7312 lakh crore
Net profit (FY2026)
₹80,032 crore
State Bank of India is an Indian multinational public-sector banking and financial services statutory body headquartered in Mumbai. SBI was constituted on July 1, 1955 after Parliament approved the takeover of the Imperial Bank of India.
SBI serves more than 50 crore customers through more than 23,288 branches, 63,580 ATMs and automated deposit and withdrawal machines, and 82,900 business-correspondent outlets. It also reports 241 offices across 29 foreign countries.
For FY2026, SBI reported total assets of ₹76.23 lakh crore, total business above ₹109 lakh crore, net interest income of ₹1.7312 lakh crore and net profit of ₹80,032 crore.
Key People
Challa Sreenivasulu Setty
Chairman
Ashwini Kumar Tewari
Managing Director
Rana Ashutosh Kumar Singh
Managing Director
Rama Mohan Rao Amara
Managing Director
Photos
Interview process at SBI
(374 candidate-shared Glassdoor interview experiences)Interview experience
74.4% positive
Interview difficulty
2.95 out of 5
Interview process length
54 days average
Candidate ratings
PoorExcellent
EasyDifficult
Prep for your SBI interview with AI
Practise banking, finance, customer and behavioral discussions.
SBI Interview Questions & Answers
Q: How did your education and master's degree lead you to SBI's national exam?
A: Connect your studies to banking skills, explain the deliberate career choice and show why SBI's scale and public mandate fit your goals.
Answer by AI
- Make the career logic clear.
- Use relevant coursework.
- Show informed motivation.
Q: Explain the gap in your profile and discuss a book you have read.
A: Give a factual, brief account of the gap, show constructive use of the time and discuss one book with a specific lesson.
Answer by AI
- Do not over-explain.
- Show productive action.
- Use a genuine reading example.
Q: Why do you want to intern at SBI?
A: Link SBI's customer reach and banking work to skills you want to build and a contribution you can make during the internship.
Answer by AI
- Name a learning goal.
- Show SBI research.
- Offer a relevant strength.
Q: How many years of sales experience do you have?
A: State the exact duration, the products and customer segments involved, and one verified result relevant to recovery work.
Answer by AI
- Use exact dates.
- Quantify results.
- Stress ethical communication.
Prep for your SBI interview with AI
Practise banking, finance, customer and behavioral discussions.
SBI Salaries in India (Updated 2026)
Assistant Manager
Employee-submitted total pay
₹6 lakh to ₹11 lakh per year
451 Salaries submitted
Manager
Employee-submitted total pay
₹9 lakh to ₹18 lakh per year
410 Salaries submitted
Deputy Manager
Employee-submitted total pay
₹7 lakh to ₹13 lakh per year
381 Salaries submitted
Associate
Employee-submitted total pay
₹3 lakh to ₹6 lakh per year
163 Salaries submitted
Probationary Officer
Employee-submitted total pay
₹5 lakh to ₹8 lakh per year
162 Salaries submitted
Branch Manager
Employee-submitted total pay
₹8 lakh to ₹15 lakh per year
153 Salaries submitted
Know your worth at SBI
Compare employee-submitted India total-pay ranges.
Build a standout resume with AI
Connect your banking, legal, medical or service experience to the post.
Benefits
World-class training
Leadership development programs
Accelerated career progression
International banking exposure
Medical facility for eligible officers
Dearness allowance for eligible officers
House rent allowance for eligible officers
National Pension System contribution
Lease rental facility for eligible officers
Leave fare concession for eligible officers
Maternity and paternity leave
Vacation and paid time off
Latest News & Updates
July 17, 2026
SBI Provides Update on SBI Funds Management IPO
The bank filed an investor update on the planned public offering of its funds-management business.
#IPO #Disclosure
View postJuly 15, 2026
SBI Names Chief Financial Officer Designate
SBI made a regulatory announcement concerning its Chief Financial Officer designate.
#Leadership #Disclosure
View postJuly 14, 2026
SBI Publishes Moody's Rating Announcement
The bank filed an exchange disclosure concerning a Moody's rating action.
#Ratings #Investors
View postJuly 13, 2026
SBI Announces Senior Unsecured Bond Raising
SBI disclosed a senior unsecured bond transaction to the exchanges.
#Bonds #Funding
View postSBI FAQ
State Bank of India was constituted on July 1, 1955.
