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State Bank of IndiaIndia
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Created before Nov 2016
Last update: 2021-03-03 00:00:00

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State Bank of India's head office in Mumbai, India. Photo: Digamber via Wikimedia Commons (CC BY SA 1.0)

About State Bank of India

The State Bank of India is the largest bank of India. The bank was founded in 1806 as the Bank of Calcutta, making it the oldest commercial bank on the Indian Subcontinent. The Government of India nationalised the Imperial Bank of India in 1955, with the Reserve Bank of India taking a 60% stake, and renamed it the State Bank of India. In 2008, the Government took over the stake held by the Reserve Bank of India.

Website https://sbi.co.in/
Headquarters
Central Office, 8th Fl., Madame Cama Road 400 021
Mumbai
India
CEO/chair Dinesh Kumar Khara
Managing Director
Supervisor
Annual report Sustainability Report 2019 - 2020
Ownership
listed on Bombay Stock Exchange, London Stock Exchange & National Stock Exchange of India

State Bank of India is majority-owned by the Indian State.

Subsidiaries
Axis Bank UK Ltd. – United Kingdom
Axis Capital Ltd. – India

Related Dodgy Deals

State Bank Of India has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Dodgy Deals map

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Policy Assessments

Banks and human rights

BankTrack Human Rights Benchmark 2019

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
State Bank of India
IND
100
India
Laggard
Follower
Front runner
Leader
Explanation

State Bank of India's human rights policies, processes and reporting were assessed as part of the BankTrack Human Rights Benchmark in November 2019. The bank is assessed as a Laggard, with a total score of 1 out of 14.

Policy: 0/3
Due dilligence: 0/5
Reporting: 1/3
Remedy: 0/3

For more details see this page.

News

| |
Type:
Year:
blog
external news
our news

Big banks lead SBI bond despite Adani controversy

2021-01-06 | Global Capital
blog
external news
our news

BlackRock, Storebrand pressure Indian bank over coal mining loan

2020-12-04 | Bloomberg
blog
external news
our news

State Bank of India set to offer Rs 5000 cr loan to Carmichael coal project in Australia

2020-11-17 | New Delhi | Business Standard
blog
external news
our news

4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows

Lloyds, Bank of America, Goldman Sachs and Société Générale among the poorest performers in BankTrack ranking, alongside Canadian and Chinese banks
2019-11-26 | BankTrack
blog
external news
our news

Massive forest fires and haze in Indonesia create public health and climate crisis

2019-09-19 | Environmental Paper Network
blog
external news
our news

BankTrack 2019 Human Rights Benchmark: criteria and scope announced

2019-06-25 | Nijmegen | BankTrack
blog
external news
our news

The quiet death of the SBI-Adani loan agreement

2015-04-20 | LiveMint
blog
external news
our news

Activists Gun For Indian Billionaire's Great Barrier Reef Project

2014-12-02 | Forbes
blog
external news
our news

Trinamool slams SBI's $1-bn loan to Adani group

2014-11-27 | Hindustan Times

Documents

Type:
Year:
annual reports
2020-07-31 00:00:00

Annual report 2019-2020

2020-07-31 00:00:00 | State Bank of India
annual reports
2020-04-30 00:00:00

Sustainability Report 2019 - 2020

2020-04-30 00:00:00 | State Bank of India
annual reports
2019-05-10 00:00:00

Annual report 2018-2019

2019-05-10 00:00:00 | State Bank of India
annual reports
2019-04-01 00:00:00

Sustainability report 2018-2019

2019-04-01 00:00:00 | State Bank of India
csr policies
2019-01-24 00:00:00

Sustainability and business responsibility policy

2019-01-24 00:00:00 | State Bank of India
csr policies
2019-01-24 00:00:00

Code of conduct

2019-01-24 00:00:00 | State Bank of India
csr policies
2019-01-24 00:00:00

Corporate social responsibility policy

2019-01-24 00:00:00 | State Bank of India
annual reports
2018-06-30 00:00:00

Sustainability report 2017-2018

2018-06-30 00:00:00 | State Bank of India
bank documents
2015-04-02 00:00:00

Business Responsibility Report 2012-2013

2015-04-02 00:00:00 | State Bank of India
annual reports
2013-05-23 00:00:00

Annual results FY 2012-2013

2013-05-23 00:00:00 | State Bank of India
annual reports
2012-05-25 00:00:00

Annual results FY 2011-2012

2012-05-25 00:00:00 | State Bank of India
annual reports
2011-05-25 00:00:00

Annual results FY 2010-2011

2011-05-25 00:00:00 | State Bank of India

Links

Fair Finance Guide India

Assesses how responsible Indian banks are with respect to the Environmental, Social and Governance (ESG) criteria.

https://fairfinanceindia.org/bank-guide/home/

Take action: State Bank of India is considering throwing away $1b of Indian taxpayers’ money on Adani’s Australian coal project

https://www.marketforces.org.au/SBI/

State Bank of India CSR page

https://www.sbi.co.in/web/corporate-governance/information

Policies

Voluntary initiatives

State Bank of India has committed itself to the following voluntary standards:
  • Carbon Disclosure Project
  • Global Reporting Initiative

Investment policies

State Bank of India's web page on corporate social responsibility can be accessed here.

Year:
csr policies
2019-01-24 00:00:00

Sustainability and business responsibility policy

2019-01-24 00:00:00 | State Bank of India
csr policies
2019-01-24 00:00:00

Code of conduct

2019-01-24 00:00:00 | State Bank of India
csr policies
2019-01-24 00:00:00

Corporate social responsibility policy

2019-01-24 00:00:00 | State Bank of India

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