Corporate Details:
This site provides comprehensive information on State Bank of India USA, the premier Indian Public Sector Bank operating in US. State Bank of India USA is actively involved for providing its Products and Services to Indians in US.
State Bank of India USA is an extension of the parent bank - State Bank of India. There are altogether 4 foreign offices and subsidiaries of State Bank of India which, offers its service to its customers in US.
Amongst all other Indian Banks operating in foreign countries the State Bank of India USA is the most prominent one.
Amongst host of awards and accolades won by State Bank of India, the most mentioned worthy being, The "TECHNOLOGY AWARD 2005" by The Banker,London.
State Bank of India, the parent bank of State Bank of India USA is a Fortune Global 500 Company.
Activities:
State Bank of India USA service the international needs of the bank's USA customers, in addition to conducting retail operations. The focus of these offices is India-related business. State Bank of India USA is the best link to India with a 13000+ branch network of SBI and its Associate Banks in India. State Bank of India USA offers a wide array of services to its customers covering domains like -
- Money transfer.
- Deposits.
- Loans.
- Trade services.
State Bank of India USA has branches spread across US cities, like New York, Chicago, Los Angeles and
Washington DC to cater its products and services to NRIs in US. Further, the State Bank of India USA branches acts as a facilitator for making and receiving payments.
New York Office -
- Rupee Remittances.
- Dollar Remittances.
- Other Currency Remittances.
- Deposits.
- Credit and Trade Finances.
Chicago Office -
- Personal Loans.
- Credits and Loans.
- International Banking.
- Remittances.
Los Angeles Office -
- Money Transfer to India.
- Deposits in the US.
- Credit and Trade Finances.
Washington DC -
- Money Transfer to India.
- Deposits in the US.
- Credit and Trade Finances.
Performance:
State Bank of India USA with its other International Business group has recorded a YOY growth of 31% increasing from USD 77.11 mio to USD 100.86 mio in the year 2006 -07. State Bank of India USA with its other foreign offices and subsidiaries has raised funds aggregating USD 1.210 bio under its MTN programme in 2006-07. the size of the programme was increased to USD 5 billion from USD 2 billion to fund longer tenor assets build up in foreign centers.
Organization:
The State Bank of India, the parent organization of State Bank of India USA is headed by Mr. Shri O. P. Bhatt, Chairman and employs around 2,20,000 personnel.
State Bank of India USA Head Office is located at:
SBI -Office of the Country Head (US Operations)
State Bank of India
460 Park Avenue
New York
N.Y. 10022, USA
Tel: (212) 521-3200
Fax: (212) 521-3360 (Country Head Sectt.)
SWIFT: SBIN US33
ISD: 001
C
able:INDTHISTLE
Email:ch.usops@statebank.com
website:www.statebank.com
SBI Bank Branches | State Bank of India
