STATE BANK OF INDIA
IMPLEMENTATION OF INFORMATION TECHONOLOGY
Aayush Jaiswal C-50 3/19/2011
Shilpi Grewal C-60
This reports deals with Introduction to State bank of India, challenges due to technology, Implementation of CoreBanking System, benefits to SBI, various architecture followed at SBI & talk with MR. ASHOK KUMAR SHARMA (Chief Manager SBI Stressed Assets Resolution Centre).
STATE BANK OF INDIA
Type Industry Founded Public (NSE: SBIN, BSE: 500112, LSE: SBID) Banking Financial services 1 July 1955
Headquarters Mumbai, Maharashtra, India Key people O. P. Bhatt (Chairman)
Products
Investment Banking, Consumer Banking, Commercial Banking, Retail Banking Private Banking, Asset Management, Pensions, Mortgages Credit Cards 85,962.07 crore (2010) 9,166.05 crore (2010) $323.04 billion (2010) $18.519 billion (2010) Government of India 200,299 (2010) Statebankofindia.com
Revenue Profit Total assets Total equity Owner(s) Employees Website
STATE BANK OF INDIA
ORGANSATION REVIEW
State bank of India is the nation’s largest and oldest bank. Tracing its roots back some 200 years to the British East India Company (and initially established as the Bank of Calcutta in 1806), the bank operates more than 15,000 branches within India, where it also owns majority stakes in six associate banks. State Bank of India (SBI) has more than 80 offices in nearly 35 other countries, including multiple locations in the US, Canada, and Nigeria. The bank has other units devoted to capital markets, fund management, factoring and commercial services, credit cards, and brokerage services. The Reserve Bank of India owns about 60% of State bank of India.
SBI share in Deposits & Advances
SBI share in Foreign Exchange
SBI share in Government Transactions
SBI 18%
SBI 35%
Other s 40% SBI 60%
Other 82%
Other 65%
MISSION STATEMENT
To retain the bank’s position as the premier Indian financial services provider. It also