Number Of SBI Associate Banks
 

Hi I am a new employee in the SBI and I need to know the number of the SBI Associate Banks and there name also so can you please help me in the same ???

Re: Number Of SBI Associate Banks
 

Well there are 5 associates banks of the SBI and following are the names of the banks

Associate Banks of SBI

Sr.No Associate Banks of SBI
1 State Bank of Bikaner & Jaipur

2 State Bank of Hyderabad

3 State Bank of Mysore

4 State Bank of Patiala

5 State Bank of Travancore


Year Of Establishment

State Bank of Patiala (founded 1917)

State Bank of Mysore (founded 1913)

State Bank of Bikaner & Jaipur (founded 1963)

State Bank of Hyderabad (founded 1941)

State Bank of Travancore (founded 1945)

Bharatiya Mahila Bank(founded 2013)



The banks which are merged are:

State Bank of Saurashtra (merged 2008)
State Bank of Indore (merged 2010)


Apart from its five associate banks, SBI also has the following non-banking subsidiaries:

SBI Capital Markets Ltd

SBI Funds Management Pvt Ltd

SBI Factors & Commercial Services Pvt Ltd

SBI Cards & Payments Services Pvt. Ltd. (SBICPSL)

SBI DFHI Ltd

SBI Life Insurance Company Limited

SBI General Insurance