[18] The largest public lender in the country reached a milestone in April 2024, when its market capitalization surpassed ₹7 trillion, making it the second public sector undertaking (PSU) to do so, after Life Insurance Corporation of India.

[19] In June 2024, SBI crossed all time high market capitalisation of ₹8 trillion (8 lakh crore INR) becoming the 7th Indian company to cross this milestone, and third Indian bank after HDFC and ICICI in terms of market capitalisation.

As of December 2024, State Bank of India has a market cap of ₹7.69 Trillion.

All three Presidency banks were incorporated as joint stock companies and were the result of royal charters.

The Imperial Bank of India remained a joint-stock company but without Government participation.

This made eight banks that had belonged to princely states into subsidiaries of SBI.

Five years later, in 1975, SBI acquired Krishnaram Baldeo Bank, which had been established in 1916 in Gwalior State, under the patronage of Maharaja Madho Rao Scindia.

SBI was the acquirer as its affiliate, the State Bank of Travancore, already had an extensive network in Kerala.

The total assets of SBI and the State Bank of Indore were ₹9.98 lakh crore as of March 2009.

[32] Mrs. Bhattacharya received an extension of two years of service to merge into SBI the five remaining associate banks.

In February 2024, State Bank of India began a partnership with Flywire Corporation to make student fees and compliance with the Reserve Bank of India’s Liberalised Remittance Scheme (LRS) more transparent.

Concerning domestic banking business, SBI has 17 regional hubs known as local head offices (LHOs), under whom are 57 administrative offices (AOs), that are located in important cities throughout India, under whom are furthermore administrative sub-offices known as regional business offices (RBOs), with each RBO having, under its direct administrative control, some 40 to 50 branches.

Similarly, domestic operations contributed to 88.37% of total profits for the same financial year.

[35] Under the Pradhan Mantri Jan Dhan Yojana of financial inclusion launched by Government in August 2014, SBI held 11,300 camps and opened over 30 lakh (3 million) accounts by September, which included 21 lakh (2.1 million) accounts in rural areas and 15.7 lakh (1.57 million) accounts in urban areas.

State Bank of India already has a branch in Shanghai and plans to open one in Tianjin.

On 15 February 2017, the Union Cabinet approved the merger of five associate banks with SBI.

[55] An analyst foresaw an initial negative impact as a result of different pension liability provisions and accounting policies for bad loans.

[61] Since November 2017, SBI also offers an integrated digital banking platform named YONO.

[65] The equity shares of SBI are listed on the Bombay Stock Exchange,[66] where it is a constituent of the BSE SENSEX index,[67] and the National Stock Exchange of India,[68] where it is a constituent of the CNX Nifty.

[69] Its Global Depository Receipts (GDRs) are listed on the London Stock Exchange.

[71] State Bank of India maintains a philanthropic arm in the name of SBI Foundation which is involved to support development initiatives in India and also with initiatives that comply under the Ministry of Corporate Affairs under corporate social responsibility.