SBI is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. When you just think of the roots of this SBI, you need to head back to the 19th century.
State Bank of India used to be the Imperial Bank of India until July 1st, 1955. SBI provides a range of banking and financial services through its various branches all over the country and even around the world. The Government of India acquired the stakes of RBI in State Bank of India in 2008.
The current chairperson of SBI is Arundhati Bhattacharya became the first woman Chairperson to be appointed for SBI. She has been appointed as the chairperson of State Bank of India in 2008.