SBI meaning in Public Sector Bank in India ?

Answer: What is State Bank of India mean?

State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 43rd largest bank in the world and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the fifth largest employer in India with nearly 250,000 employees.

The bank descends from the Bank of Calcutta, founded in 1806 via the Imperial Bank of India, making it the oldest commercial bank in the Indian Subcontinent. The Bank of Madras merged into the other two presidency banks in British India, the Bank of Calcutta and the Bank of Bombay, to form the Imperial Bank of India, which in turn became the State Bank of India in 1955. The Government of India took control of the Imperial Bank of India in 1955, with Reserve Bank of India (India's central bank) taking a 60% stake, renaming it State Bank of India.

reference

Full Form	Category
Systems Biology Ireland	Academic & Science
Society of Breast Imaging	Academic & Science
Systems Biology Institute	Academic & Science
Situation-Behavior-Impact	Academic & Science
Swedish Institute of Steel Construction	Academic & Science
Stålbyggnadsinstitutet	Academic & Science
Sustaining Biological Infrastructure	Academic & Science
Koundara	Airport Code
State Bank of India S B I	Banking
Société de Bourse Intermédiaires	Business
Simple But Intense	Business
Shipwreck Beads, Inc.	Business
Superior Business Intelligence	Business
Site Build It	Business
Small Business Institute	Business
Security Bureau Inc	Business
Sterling Biofuels International Ltd	Business
Strategic Business Initiative	Business
Strategic Business Insights	Business
Small Business Innovations	Business
School of Business and Industry	Business
Syngenta Business Institute	Business
Small Business and Individual	Business
Suitable For Building Idempotent	Community
School Based In	Community
Sub-Bitstream Indicators	Computer and Networking
Sound Blaster Instrument File	Computing
Synchronized Byte Identifier	Computing
Set Bit Input Output	Computing
Search By Image	Computing
South Bound Interface	Computing
Slip Bluetooth Interface	Computing
Solved By Ignoring	Computing
Storage Bus Interconnect	Computing
Subtract Immediate with Borrow	Computing
Sound Blaster Instrument	File Type
Solnhofer Bodenplatten Industry	General
Splings Big Idea	General
Small Bone Innovations	General
State Broadband Initiative	General
Shelf Basin Interactions	General
Secure Border Initiative	General
Story Behind It	General
Sight Build It	General
Situation Behavior and Impact	General
Screening and Brief Intervention	General
Strategically Beneficial to Individuals	General
Solo Build It	General
Smart Bomb Interactive	General
Ship Breaking Industry	General
Subsidiary Body for Implementation	General
Subsidiary Body on Implementation	General
Severe Bodily Injury	General
Supervisor Binary Interface	General
Sales Benchmark Index	General
Seat Belt Indicator	General
Standard Breakerless Ignition	General
Suzuki Baleno Indonesia	General
State Bureau of Investigation	Governmental
Small Business Initiative	Governmental
State Backround Investigation	Governmental
Special Background Investigation	Governmental
Summer Business Institute	Governmental
SABARMATI JN	Indian Railway Station
Sleepy Bois Inc.	Internet
Serious Bacterial Infection	Medical
Screening and Brief Interventions	Medical
So Be It	Messaging
Single Burning Item	Military and Defence
State Bank of India	Public Sector Bank in India