SME Times is powered by   
Search News
Just in:   • Liquidity to MSMEs rises as ECLGS loans cross 1.14 lakh cr  • Amazon shares top $3,000 for first time  • NITI CEO sees green shoots in economy  • Pain points for MSMEs  • World Bank provides $400 mn to enhance support for Namami Gange 
Last updated: 26 Nov, 2015  

SBI Features in "100 Most Trusted Brands" 2015

NewsVoir | 25 Nov, 2015

India’s largest public sector bank State Bank of India (SBI) has propelled its position from 39th to 35th in the Brand Equity’s Most Trusted Brands survey 2015. SBI is the only bank to be featured in the top 100 brands conducted by Nielsen survey. It is also adjudged India's most valued banking brand. The most trusted brand identifies brands that have the most special element: The consumer’s trust.

 

Conducted by Nielsen, most Trusted Brand remains amongst the largest researches of its kind in India, with a design sample of 7,200 –distributed across socio economic classifications, age, income and geography. This research was carried out in 3 stage to make it more comprehensive. The study was carried out in 12 cities across India. The methodology was modified to improve quality of responses.

 

About State Bank of India

State Bank of India (SBI) is the largest commercial bank in India in terms of assets, deposits, profits, branches, customers and employees. The Company provides Domestic Operations, International Operations and Treasury Operations. SBI group consists of SBI and five associate banks. The group has an extensive network, with over 22000 plus branches in India and over 190 offices in 36 other countries across the world. As of 31st Sept, 2015, the group had assets worth USD 432 billion and capital & reserves in excess of USD 25 billion. The SBI has over 1/5th market share of the Indian banking sector. SBI's non- banking subsidiaries/joint ventures are market leaders in their respective areas and provide wide ranging services, which include investment banking, life insurance, general insurance, mutual funds, credit cards, factoring services, security trading, etc making the SBI Group a truly large financial supermarket and India's financial icon. The bank has over 16,000 domestic branches, 200 foreign branches and close to 57,000 pan-India ATMs. To acknowledge the loyalty of its customers for their faith and long standing relations, bank launched Enterprise Wide Loyalty Programme – State Bank Rewardz. During the year, bank also launched a mobile wallet State Bank ‘Buddy’; one more step in bank’s ambition of becoming Banker to digital India.   

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 08 Jul, 2020
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
» Pain points for MSMEs(2)
» Starting an import export business: Basic guide for beginners(2)
» UP govt to change lives of migrants: MSME Principal Secy(1)
» Govt. approves subsidy for 2,221 cold storages(1)
» China's forex reserves reach USD 2.85 trillion(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter