What is SBI structure and objective?
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What is SBI structure and objective?
As an agent of the Reserve Bank, the State Bank performs the following functions: (i) It acts as the government’s bank, i.e., it collects money and makes payments on behalf of the government and manages public debt. (ii) It acts as the bankers’ bank. It receives deposits from and gives loans to commercial banks.
What are the departments in SBI?
Banking. Retail Banking Correspondent Banking.
What is the structure and function of banks?
Banks provide financial products and services to their clients in exchange for earning interest and fees. Banking executives must possess knowledge of complex monetary instruments in order to make sound decisions based on capital adequacy, asset management and interest rate risks.
Where is the headquarter of SBI?
Mumbai, India
State Bank of India/Headquarters
What do you mean by SBI bank?
State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. 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.
What are the departments in banking?
23 Departments of the Reserve Bank of India
- Banking Department:
- Issue Department:
- Department of Currency Management:
- Department of Expenditure and Budgetary Control:
- Department of Government and Bank Accounts:
- Exchange Control Department:
- Department of Banking Operations and Development:
- Industrial Credit Department:
Where is the headquarter of SBI bank?
Who is the GM of SBI?
Anil Kumar Bhardwaj –
Anil Kumar Bhardwaj – General Manager – State Bank of India | LinkedIn.