This then amalgamated with The Indian Ocean International Bank (which had been doing retail banking in Mauritius since 1979) to form SBI (Mauritius) Ltd. Today, SBI (Mauritius) Ltd has 14 branches – 13 retail branches and 1 global business branch at Ebene in Mauritius.In Nigeria, SBI operates as INMB Bank. (The state-owned Employees Provident Fund of Nepal owns 15% and the general public owns the remaining 30%.)
In March 2001, SBI (with 74% of the total capital), joined with As of 31 March 2017, the SBI group had 59,291 ATMs.State Bank Of India acquired 48.2% of the shares of SBI is one of the largest employers in the country with 209,567 employees as on 31 March 2017, out of which 23% were female employees and 3,179 (1.5%) were employees with disabilities.
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On 15 February 2017, the Union Cabinet approved the merger of five associate banks with SBI.Apart from five of its associate banks (merged with SBI since 1 April 2017), SBI's non-banking subsidiaries include:
SBI has sought three-month time from RBI for merger.
They were the seven regional banks of former Indian princely states.
On the same date, SBI had 37,875 Scheduled Castes (18%), 17,069 Scheduled Tribes (8.1%) and 39,709 Other Backward Classes (18.9%) employees.
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