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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.
Central Office, 8th Fl., Madame Cama Road 400 021
Dinesh Kumar Khara |
|Annual report||Sustainability Report 2019 - 2020|
listed on Bombay Stock Exchange, London Stock Exchange & National Stock Exchange of India
State Bank of India is majority-owned by the Indian State.
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Banks and human rights
BankTrack Human Rights Benchmark 2019
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.
Due dilligence: 0/5
State Bank of India set to offer Rs 5000 cr loan to Carmichael coal project in Australia
4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows
Massive forest fires and haze in Indonesia create public health and climate crisis
Voluntary initiativesState Bank of India has committed itself to the following voluntary standards:
State Bank of India's web page on corporate social responsibility can be accessed here.