State Bank of India (SBI) is a leading public sector bank in India and one of the largest financial institutions in the country. Established in 1806 as the Bank of Calcutta, it was later renamed as the Bank of Bengal. In 1921, these three banks merged to form Imperial Bank of India which eventually became State Bank of India.

SBI offers a wide range of banking products and services including retail banking, corporate banking, investment banking, asset management, insurance, mortgage loans, private equity, wealth management and credit cards. The bank also provides digital banking solutions such as internet banking and mobile apps for convenient access to its services.

SBI has always been at the forefront when it comes to adopting innovative technology. It has implemented various technological advancements like blockchain technology for smart contracts among others to enhance operational efficiency and customer experience.

What makes SBI stand out from its competitors is its extensive network across both urban and rural areas within India. With over 22,000 branches and approximately 58,000 ATMs nationwide combined with an international presence through numerous overseas branches & subsidiaries spanning multiple countries; SBI's reach is unmatched by any other Indian bank.

In addition to this vast footprint locally and globally that caters to diverse customer needs effectively; another aspect where State Bank of India stands out is its strong collaborations with global financial organizations such as World Bank Group – International Finance Corporation (IFC), Asian Development Bank (ADB), European Investment Banks etc., along with strategic partnerships with various nationalized banks worldwide thereby fostering economic growth domestically while contributing significantly towards international trade finance activities too