Professional Documents
Culture Documents
Banker to Every
Indian Presented by: Y Anupama
Kirti priya S
Satyabrt Sahoo
Sunanda Bisoi
Introduction
Established in 1806 at calcutta as bank of
calcutta.
It is the oldest bank of indian sub-
continent.
Head quarter-corporate centre, Madam
Cama Road , Mumbai.
Largest branch network in India with 16000
branches.
Over 8500 ATMs.
Website:statebankofindia.com.
Brief History
Started as bank of calcutta in calcutta on June
1806.
Re-designed as the bank of bengal on 2
January 1809.
It was the first joint-stock bank of British India.
Later on Bank of Madras, Bank of Bombay and
Bank of Bengal were amalgamated to form
Imperial bank of India on 27 January 1991.
It was nationalized on 1955 and was renamed
as state Bank of India.
Associate banks
The Subsidiaries of SBI till date are the
following
1. State Bank of Indore.
2. State Bank of Bikaner & Jaipur.
3. State Bank of Hyderabad.
4. State Bank of Mysore.
5. State Bank of Patiala.
6. State Bank of Travancore.
Non banking subsidiaries
SBI Capital Markets Ltd.
SBI Mutual Fund (A Trust).
SBI Factors and Commercial Services Ltd.
SBI DFHI Ltd.
SBI Cards and Payments Services Pvt Ltd.
SBI Life Insurance Co. Ltd.
SBI Funds Management Pvt Ltd
Services
Domestic Treasury
SBI Vishwa Yatra Foregin Travel Card.
Broking Services
Revised Service Charges.
ATM Services
Internet Banking.
E-Pay
E-Rail
Safe Deposit Locker.
Competitors
Punjab National Bank.
ICICI Bank
HDFC.
Bank of Baroda.
SWOT analysis
Strengths:
Biggest branch network in the country means good reach.
It has a good brand visibility and awareness due to extensive
marketing.
Weakness:
Immense competition means limited market share growth for SBI
International presence is less as compared to global banks
Opportunities:
Pool in talent to replace the going top management to serve the
next generation.
State Bank Of India (SBI) can make better use of CRM, technology
and online space.
Threats:
Consolidation among private banks can reduce market share for SBI
Foreign banks that have sophisticated products
HR PRACTICES OF
SBI
HRDD Vision
(i) To create an enabling environment to
enhance the efficiency of the organization
The study could observe that the deputy and assistant managers
are not satisfied with the factors of performance management
system. Analysis states that planning, monitoring, rating,
development activities and reward system.
Suggestion:
Human Resource functions of SBI should be linked to the banks
objectives and must be implemented in the manner that they work
towards the Goals.
SBI should take care of dividing the work among various teams
and monitor their proper functioning.
SBI should focus on human capital.
To review the Performance of Employees proper monitoring
system should be introduced in SBI.
SBI should introduce Performance based Reward System
SBI should embrace latest technology because Indian Public
sector banks have a unique advantage over their competitors.
Working Environment, culture and condition of the employees
should be adequately enhanced by Management in SBI.
Training and development should be efficiently implemented
and to avoid dissatisfaction, across various levels of employees
in SBI.
Greater transparency, more effective communication, and a high
degree of professionalism in the bank staff.