State Bank of India
The State Bank Group, which comprises State Bank of India and five associates, is the largest financial conglomerate in India with more than 19,300 branches and 27,700 ATMs. The group also includes 23 subsidiaries and 8 foreign subsidiaries. It has a balance sheet of over US$ 360 billion and more than 307 million customer accounts. It offers merchant banking, capital market, life and general insurance, credit cards, mutual funds, factoring, pension funds, custodial services, brokering services and venture capital.