SBi bank Job _ Off role _undergraduate _fresher

Bank of Calcutta, which was founded in 1806, was the first Bank established in India and over a period of time evolved into State Bank of India (SBI). SBI represents a legacy of over 200 years. Being the oldest commercial Bank in the Indian subcontinent, it has strengthened the nation’s trillion-dollar economy and has served the aspirations of its vast population. SBI now is an Indian multinational, public sector banking and financial services statutory body which is owned by Government or is a Govt. corporation statutory body and is headquartered in Mumbai, Maharashtra.

SBI is India's largest bank and a Fortune 500 company. With a network of over 22,000 branches spread across India, it offers a wide range of banking products and services to retail and corporate clients.

SBI is now present in all time zones and has the largest overseas network among all Indian banks with 198 foreign offices spread over 35 countries to fulfill the aim of serving the growth aspirations of the Indian corporates abroad and meeting the banking needs of Indians overseas. This network, combined with correspondent banking relationship of more than 233 banks and 24 Exchange companies tie-ups across all continents, goes into making SBI a bank with global outreach. The Bank has 8 Foreign Banking & 11 Non-Banking Subsidiaries and also has 7 Joint Ventures.

Organization Structure:

Product Portfolio:

1. Personal Banking- State Bank of India offers a wide range of services in the Personal Banking Segment which are listed here. Their products are designed with the flexibility to suit their customer's personal requirements.
   (Personal Banking, Deposit Schemes, Gold Banking, Personal Finance, Services, Education Loan Web Platform for Students, Application Supported by Blocked Amount (ASBA), Aadhaar Seeding, and State Bank Rewardz)
2. NRI Services- NRIs can enjoy Internet banking facilities and manage their accounts from anywhere in the world through the award-winning OnlineSBI web portal and SBI Anywhere mobile app. (NRI Account/Deposits, NRI Loans, NRI Investments, NRI Remittances, State Bank Rewardz for NRIs) 
3. Agriculture/Rural- State Bank of India is the pioneer and market leader in Agri financing. With the network of 16,000 plus branches, it covers more than 1.01 Crore farmers. Their services cover the whole range of agriculture and allied activities with some of the unique features like Low-interest rates, No intermediaries, No hidden cost and Quick loan sanction and disbursement.
   Agriculture (State Bank Rewardz for Agriculture Rural, Debt Relief Scheme/Agri Debt Waiver, 2008)
   Rural (Micro Credit, Regional Rural Banks, Financial Inclusion, Aadhaar-Seeding)
4. International- An ideal business partner for institutions and individuals across the globe SBI's dedicated and skilled team of professionals enables its client to meet their business and personal needs by providing comprehensive international banking products, financial solutions, and services tailor-made to meet clients overseas banking requirements.
   (Wholesale Banking, Correspondent Banking, Global Trade Services, Remittances, Remittances from India)
5. Corporate- The business model of CAG is centered around the Relationship Management concept where each client is mapped to a Relationship Manager who spearheads a cross-functional Client Service Team. The Relationship strategy is anchored on providing integrated & comprehensive solutions to the clients, including structured products, within a strict Turn-Around-Time. The main objective of the strategy is to make SBI the first choice of the top corporates thereby increasing the wallet-share and improving the Return on Capital Employed. 
   (Corporate Account Group (CAG), MID- Corporate Group, Project Finance, Products and Services, Current Account Products and Services)
6. SME- State Bank of India is a pioneer in SME financing in India. As a bank, it has been playing a critical role in the overall growth and development of the SME sector. The Bank has developed a wide array of products and services to cater to the evolving needs of the SME sector. With over 1 million customers, our SME Portfolio is more than 2.25 lakh crore as on 31 March 2017 accounting for approx. 14% of SBI’s total advances. SBI’s approach to driving SME Growth is based upon 3 pillars: Customer convenience, Risk Mitigation, and Technology-based Digital offerings.
   (Current Account Products and Services, SBI Asses Backed Loan, Fleet Finance Scheme, Mudra Yojna) 
7. Services- Listed here are Services, SBI offers to its customers- ATM Services, Mobile Banking, Internet Banking, Demat Services, Service Charges and Fees, Aadhaar-Seeding, Cash Deposit Machine.
8. Government Businesses- With a view to facilitate e-Governance, digitalisation and bringing in more efficiency and transparency, the following initiatives were implemented during the year 2018- GSTN, GeM (Govt. e-Marketplace), Indian Railways, Direct Benefit Transfer (DBT/L), Global Conference on Cyber Space, Bharat ke Veer Portal (BKV), Migration of Salary/Vendor payments to e-Mode, PoS (Point of Sale) terminals, BHIM UPI, e-MRO (Military Receivables Order), e-BG (Bank Guarantee), e-Tendering, RFID FASTag, e-Trade, Pension Payments, and . Small Savings Schemes.
9. Group Companies
10. Interest Rates

Other Services:

• The Pradhan Mantri Mudra Yojana (MUDRA) has been launched by the Hon’ble Prime Minister on 8th April 2015 to provide loans to Micro Enterprises/units those are in manufacturing, trading and Services sector which also includes allied agricultural activities with credit limits of up to Rs.10 Lakhs. There are 3 categories namely Shishu, Kishore, and Tarun under this scheme based on the quantum of finance.

Subsidiaries:

1. SBI Card
2. SBI Life Insurance
3. SBI Capital Markets
4. Andhra Pradesh Grameena Vikas Bank
5. Nepal SBI Bank
6. Kaveri Grameena Bank
7. SBI General Insurance
8. Jio Payments Bank (30% stake)
9. SBI DFHI Ltd
10. State Bank of Bikaner and Jaipur
11. SBI Factors & Commercial Services Pvt Ltd
12. SBI Funds Management Pvt Ltd

Mergers and Acquisitions:

• SBI has acquired five Domestic Banking Subsidiaries (DBS) of SBI; namely- State Bank of Bikaner & Jaipur (SBBJ), State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Patiala (SBP), State Bank of Hyderabad (SBH) and Bharatiya Mahila Bank Limited (BMBL) on 1st April 2017. The merger of Domestic Banking Subsidiaries (DBS) & Bharatiya Mahila Bank Limited (BMBL) with SBI has been accounted under the ‘pooling of interest’ method as per Accounting Standard.

News and Facts:

• YONO- On 24th November 2017, SBI launched India’s first comprehensive digital service platform “YONO”, an acronym for ‘You Only Need One’. An integrated omnichannel digital platform, YONO offers banking and other financial products along with access to India’s largest B2C marketplace for its customers to meet their lifestyle needs across 16 categories.
• Green Channel Counter (GCC)- is a POS terminal installed at counters in retail branches. One needs to swipe ATM/Debit card followed by PIN validation in order to make a transaction through GCC. The services extended through GCC are cash withdrawal, funds transfer within SBI and cash deposit.
• SBI Buddy is a Mobile Wallet application for monetary transactions between users as well as facilities like booking tickets, hotels, flights and shop on the go. The Virtual Debit Card, Buddy Card is used to making payments; withdraw cash at SBI ATMs using the wallet and a lot more. Users can complete the full KYC check to enjoy enhanced limits on the wallet as well. 
• SBI's tie-up with e-commerce players like Snapdeal and Flipkart has provided automated instant loan sanctioning for SME.
• sbiINTOUCH- Digital branches with state of the art technology for quicker and more efficient services for young India.

Corporate Social Responsibility:

SBI Foundation was established by State Bank of India in 2015 as a Section VIII company under Companies Act (2013) to undertake the CSR activities of SBI and its subsidiaries in a planned and focused manner. SBI Foundation aims to give back to society by working towards the socioeconomic well-being of the marginalised and vulnerable communities. Your Bank is actively working towards impacting people on a grassroots level across PAN India with a vision to provide ‘Service Beyond Banking’. SBI Foundation is presently working on various projects and many initiatives have been taken to build momentum for a transforming India by creating an inclusive development paradigm, that serves all Indians without any discrimination on the basis of regional, linguistic, caste, creed, religious or other barriers.

The CSR activities are undertaken in the following focus areas:

Healthcare- Sishu Rakhsha, SBI Darpan, Cancer Care, SBI Life, SBI Umeed, and SBI Eye Care.
Education- Gyanshala, Beti Padhao Kendras, SBI Udaan, and Shiksha Sahay.
Environment & Sustainability- Waste to gold, and SBI Corbett.
Arts, Culture, Heritage & Others- Swachh Iconic CSMT, and SBI Eklavya.
Disability- Project Parivarthan, Project SBI Shravan Shakti, and Project Swabhiman.