Introduction to Computer & MIS

• Binu Balan Nair – 304 – Batch 2

State Bank of India

• The roots of the State Bank of India lie in the first decade of the 19th century

• Bank of Bengal, Bank of Bombay & Bank of Madras re-organised banking entity took as its name Imperial Bank of India.

• The Reserve Bank of India, which is India's central bank, acquired a controlling interest in the Imperial Bank of India. On 1 July 1955

• The imperial Bank of India became the State Bank of India

Product offered by SBI

PERSONAL BANKING

• SBI Term Deposits• SBI Loan For Pensioners• SBI Recurring Deposits• Loan Against Mortgage Of Property• SBI Housing Loan• Loan Against Shares & Debentures• SBI Car Loan• Rent Plus Scheme• SBI Educational Loan• Medi-Plus Scheme• SBI Personal Loan• Interest Rates• e-Invest (ASBA) - IPO

• SBI-linking Farmers & Corporate in agriculture• Contract Farming• Value Chain Financing• Warehouse Receipt Financing• Group Financing

Corporate & Institutional Relationship

CORPORATE BANKING

• Corporate Accounts Group (CAG)• Project Finance• Lease Finance• Export Credit• Strategic Business Units• Deferred Payment Guarantees• Term Loans

Government Business

• Direct Taxes• Indirect Taxes• State Government Taxes• Pension• Senior Citizens Savings Scheme• Passport Seva Kendra• Online Payment User Guide• Pension Payment for Autonomous Institutions• Public Provident Fund (PPF)• Sukanya Samriddhi Yojana

Services offered by SBI

• DOMESTIC TREASURY• BROKING SERVICES• REVISED SERVICE CHARGES• ATM SERVICES• INTERNET BANKING• E-PAY• E-RAIL• SAFE DEPOSIT LOCKER• MICR CODES• FOREIGN INWARD REMITTANCES

NEW PRODUCT INTRODUCED

• ZERO BALANCE SAVING A/C• MINOR BANK A/C• MINOR A/C LINKAGE TO RECURRING A/C• AGRIKART• FAMILY TREE A/C• PENSION A/C• MULTI CURRENCY A/C

• CORPORATE LOAN WITHOUT SECURITY ON PROFIT SHARING

• 0% FORECLOSURE CHARGES• RESOURCE RM FOR CORPORATES

Zero balance savings AC

– Minimum one year lock-in period– Will enable us to capture higher market share

Minor Bank AC

– Interest rates higher than normal savings AC– Education loan for the minor at lower interest rate

Minor account linkage to recurring AC

– Recurring AC for a minimum deposit of Rs 500/ month

– Linked to family members AC

Agrikart

– Post digitalization, bank to act as middlemen/financers between farmers and wholesalers/retailers

– Bank branches could be used as warehouses for agricultural products

Family Tree AC

– Savings AC for all members of the family, with a combined minimum balance of all accounts instead of individual minimum balance

– Home loan at reduced interest rate, EMI to be ECSed from all the accounts alternately

Pension AC

– Provide non dependency to customers even after retirement by giving pension amounts

– Pension amount decided based on the customers average balance maintained in account

Multi-currency AC

– Customers can hold their balance in any currency of their choice

– Bank tie-ups with corresponding country’s banks to enable multi-currency holdings

Corporate loans without security or profit sharing

– Corporate loans with higher interest rate, but without security

– Corporate loans with normal interest rates, without security, but a share in company’s profits

Zero percent charges on loan foreclosing and other banking services

– Zero percent loan foreclosing charges– No charges on mobile/net banking or ATM

services

Resource RM for corporates

• Raising funds through various sources apart from SBI Loan both national and international, keeping in mind the cost effectiveness.

• Managing funds and treasury operation.• Investing the funds in both long term as well as short term capital needs.

Health check-ups

– Bank tie-ups with hospitals to provide regular health check-ups for customers

– Checks ups at discounted rates

Tailor-made health insurance

– Tie-ups with insurance companies for bank customers’ insurance policies

– Health Insurance schemes as per customers’ choices

Thank you