About State Bank of India

Founded in 1806, Bank of Calcutta was the first Bank established in India, and over a period, evolved into State Bank of India (SBI). SBI represents a sterling legacy of over 200+ years with controlling ownership of Government of India. It is the oldest Commercial Bank in the Indian subcontinent, strengthening the nation’s trillion-dollar economy and serving the aspirations of its vast population. The equity shares of SBI are listed on the Bombay Stock Exchange Limited, Mumbai along with the National Stock Exchange, Mumbai and the Global Depository Receipts (GDRs) are listed on the London Stock Exchange (LSE).

SBI is ranked 205th on the Fortune Global 500, 2021. State Bank of India, India’s largest Commercial Bank in terms of assets, deposits, branches, number of customers and employees, enjoys the continuing faith of millions of customers across the social spectrum.

SBI, headquartered in Mumbai, has an extensive network, with over 22,000 plus branches in India, 62,000 plus Pan-India ATMs serving 435 million customers. With 229 overseas offices spread over 31 countries the Bank is having the largest presence in foreign markets among Indian banks

For more information about State Bank of India, please visit the website www.sbi.co.in or www.bank.sbi

About US Operations

SBI US Operations is serving in US for the last 40+ years and operates from New York and Chicago branches. The Bank offers variety of products and services to its customers. These encompass retail, corporate, trade, treasury and remittance needs of our clients in US.

The US Operations team is led by Country Head who is based at headquarter located at New York and supported by CEOs of branches and a team of Senior management with oversight functions of credit management, treasury, risk management, legislative compliance, operations, financial control, audit, IT, HR, business development and deposits.

Leadership

Mr. Virendra Bansal
Country Head of SBI US Operations

Mr. Bansal is Country Head of US Operations, he is a career banker with over 30 years of experience with State Bank of India in India and outside. Mr. Bansal has handled several important and crucial assignments in diverse areas of Credit, International Banking and Retail Banking.

Mr. Prasanta Kumar Tripathy
Chief Executive Officer, New York branch

Mr. Tripathy is an experienced banker with over 25 years of working in various facets of banking in major markets for State Bank of India in India and outside. He has joined the Bank in 1995 and handled several important and crucial assignments in diverse areas of Credit, Government Banking, International and Retail Banking.

Mr. Sudesh Kumar Bhatt
Chief Executive Officer, Chicago branch

Mr. Bhatt has 20 years of banking experience with State Bank of India, handled various assignments in Retail, International Banking and Small and Medium Enterprises. He has joined as CEO of Chicago branch in year 2021. He has been a successful Regional Manager overseeing 40 branches with 300 employees reporting to him.

US Offices

Branch Offices: New York & Chicago. Both branches are FDIC insured.
Agency Office: Los Angeles
Representative Office: Washington DC

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