ETHICS OF STATE BANK OF INDIA
Ethics is concerned with what is right or wrong, good or bad, fair or unfair, responsible or irresponsible, obligatory or permissible, praiseworthy or blameworthy.
It is associated with guilt, shame, indignation, resentment, empathy, compassion, and care.
State Bank of India is the largest banking and financial services company in India by revenue, assets and market capitalization. It is a state-owned corporation with its headquarters in Mumbai, Maharashtra. As of March 2012, it had assets ofUS$360 billion with over 13,577 outlets including 157 overseas branches and agents globally.
The bank traces its ancestry to British India.
Founded in 1806 of the Bank of Calcutta, making it the oldest commercial bank in the Indian Subcontinent.
Bank of Madras merged into the other two presidency banks—Bank of Calcutta and Bank of Bombay—to form the Imperial Bank of India, which in turn became the State Bank of India.
Statistics of SBI
Government nationalised the Imperial Bank of India in 1955, with the RBI taking a 60% stake, & naming it State Bank of India. SBI has been ranked 285th in the Fortune Global 500 rankings for the year 2012 & the 29th most reputed company in the world. SBI has 14 local head offices and 57 Zonal Offices. It also has 157 branches overseas. Only bank featured in "top 10 brands of India" list conducted by Brand Finance and The Economic Times in 2010.
Vision Statement Of SBI
?To be a premier Indian financial services group with global perspective, world class standard of the efficiency and professionalism and also its core institutional values, ? To retain its position in the country as a pioneer in developing countries, ? It also aims to maximize its shareholders value through high sustained earnings per share,. It also focuses on a pleasant working environment to have continuous learning opportunities.
Mission Statement Of SBI
?It also aims to be a group with world
class standards and significant global
business commitments to excellence in customer , shareholder and employee satisfaction so as to play a leading role in expanding and diversifying financial services while continuing emphasis on its development banking role.
?To retain the banks position as the
premier Indian financial services.
Benefits Of Investing In SBI
Highest market standing.
Complete safety of investments- the strongest Net worth amongst Primary Dealers. Fully transparent prices, no hidden costs. Wide range of products and services to meet customers investment needs.
Corporate Social Responsibility
DEFINATION COMPANIES MANAGE THE BUSINESS PROCESS. PRODUCE OVERALL POSITIVE IMPACT
COMPANIES 2 ASPECTS QUALITY OF MANAGEMENT. IMPACT OF SOCIETY IN OTHER AREAS
CSR BASED ON
HR BRAND DIFFRENTIATION
ALSO INCLUDES: Labour Human rights standard Fight against climatic change. Consumer protection
SPENDING RESOURCES OF BIG CORPERATIONS
CODE OF CONDUCT FOLLOWED BY SBI
Organisations,employees,customers information kept secret
SBI’s logo cannot be used on personal visiting cards
Follow law and disclosure of periodic reports
Customer centric an in interest of country
Secrecy of every transaction it enters
Cannot demand anything of value
SBI – Follow the Customer
SBI – FOLLOW THE CUSTOMER
Committed to the best practices in the area of corporate governance Good corporate governance is what they believe in. Good governance facilitates effective management and control over business and maintaining a very high level of business ethics. The banks trading operations are unmatched in size and value in the domestic market.
What Makes SBI So Successful……?
State Bank of India is the largest banking and financial services company in India by revenue, assets and market capitalisation. It is a state-owned corporation with its headquarters in Mumbai, Maharashtra.
SBI provides a range of banking products through its vast network of branches in India and overseas, including products aimed at non-resident Indians(NRIs).
To remain competitive with its private-sector counterparts, in 2002, SBI began the largest implementation of a centralized core system ever undertaken in the banking industry. The State Bank of India selected Tata Consultancy Services to customize the software, implement the new core system, and provide ongoing operational support for its centralized information technology.
Although SBI initially planned to convert only 3,300 of its branches, it was so successful that it expanded the project to include all of the more than 14,600 SBI and affiliate bank branches.
Profile of state bank of India and associates
Bank name State bank of Bikaner and jaipur Headquarters (city, state) Jaipur, Rajasthan Branches 833 ATM 336
State bank of Hyderabad
State bank of Indore State bank of Mysore State bank of Patiala State bank of saurashtra State bank of Travancore
Hyderabad, Andhra Pradesh
Indore, Madhya Pradesh Bangalore, Karnataka Patiala, Punjab Bhavnagar, Gujarat Trivandrum,kerala
965
301 654 766 452 706
460
235 247 353 190 331
Some major contribution by SBI
State Bank of India donates a jeep for the poor
The State Bank of India extended its corporate social responsibility (CSR) arm to help orphans and school drop-outs on Wednesday. The bank donated a Tata Sumo to Fountain of Knowledge, Multipurpose Institute and National Institute of Open Schooling (NOIS) centers at Meghalaya. The car will enable the institution to provide transportation to the poor and handicapped students from the remote areas. The vehicle will also be used as an ambulance in emergencies for taking sick children to hospitals and nearby health centers. The bank has also donated Rs 1 lakh under SBI Children's Welfare Fund Scheme for purchasing of wheelchairs, single & double bedstead and other utility items for the benefit of the orphans and physically challenged studying in the school. The CGM appreciated the noble and dedicated service rendered by the institute, extending love and care to the homeless and differently abled children
ISB Launches ‘SBI Cell for Public Sector Leadership’
The Indian School of Business (ISB) in association with The State Bank of India (SBI), signed a MoU to set up a Research Cell on Public Sector Leadership in India at the ISB campus. The cell titled ‘SBI Cell for Public Sector Leadership’, will focus on innovation, change management, organisational transformation, leadership comparisons between public and private enterprises. ISB had announced that they are privileged to be associated with the SBI for conducting research on Public Sector Leadership in India. The PSUs have played a very important role in ensuring inclusive growth in India. At the same time, they have adapted to meeting global opportunities and challenges.
doc_644145215.pptx
Ethics is concerned with what is right or wrong, good or bad, fair or unfair, responsible or irresponsible, obligatory or permissible, praiseworthy or blameworthy.
It is associated with guilt, shame, indignation, resentment, empathy, compassion, and care.
State Bank of India is the largest banking and financial services company in India by revenue, assets and market capitalization. It is a state-owned corporation with its headquarters in Mumbai, Maharashtra. As of March 2012, it had assets ofUS$360 billion with over 13,577 outlets including 157 overseas branches and agents globally.
The bank traces its ancestry to British India.
Founded in 1806 of the Bank of Calcutta, making it the oldest commercial bank in the Indian Subcontinent.
Bank of Madras merged into the other two presidency banks—Bank of Calcutta and Bank of Bombay—to form the Imperial Bank of India, which in turn became the State Bank of India.
Statistics of SBI
Government nationalised the Imperial Bank of India in 1955, with the RBI taking a 60% stake, & naming it State Bank of India. SBI has been ranked 285th in the Fortune Global 500 rankings for the year 2012 & the 29th most reputed company in the world. SBI has 14 local head offices and 57 Zonal Offices. It also has 157 branches overseas. Only bank featured in "top 10 brands of India" list conducted by Brand Finance and The Economic Times in 2010.
Vision Statement Of SBI
?To be a premier Indian financial services group with global perspective, world class standard of the efficiency and professionalism and also its core institutional values, ? To retain its position in the country as a pioneer in developing countries, ? It also aims to maximize its shareholders value through high sustained earnings per share,. It also focuses on a pleasant working environment to have continuous learning opportunities.
Mission Statement Of SBI
?It also aims to be a group with world
class standards and significant global
business commitments to excellence in customer , shareholder and employee satisfaction so as to play a leading role in expanding and diversifying financial services while continuing emphasis on its development banking role.
?To retain the banks position as the
premier Indian financial services.
Benefits Of Investing In SBI
Highest market standing.
Complete safety of investments- the strongest Net worth amongst Primary Dealers. Fully transparent prices, no hidden costs. Wide range of products and services to meet customers investment needs.
Corporate Social Responsibility
DEFINATION COMPANIES MANAGE THE BUSINESS PROCESS. PRODUCE OVERALL POSITIVE IMPACT
COMPANIES 2 ASPECTS QUALITY OF MANAGEMENT. IMPACT OF SOCIETY IN OTHER AREAS
CSR BASED ON
HR BRAND DIFFRENTIATION
ALSO INCLUDES: Labour Human rights standard Fight against climatic change. Consumer protection
SPENDING RESOURCES OF BIG CORPERATIONS
CODE OF CONDUCT FOLLOWED BY SBI
Organisations,employees,customers information kept secret
SBI’s logo cannot be used on personal visiting cards
Follow law and disclosure of periodic reports
Customer centric an in interest of country
Secrecy of every transaction it enters
Cannot demand anything of value
SBI – Follow the Customer
SBI – FOLLOW THE CUSTOMER
Committed to the best practices in the area of corporate governance Good corporate governance is what they believe in. Good governance facilitates effective management and control over business and maintaining a very high level of business ethics. The banks trading operations are unmatched in size and value in the domestic market.
What Makes SBI So Successful……?
State Bank of India is the largest banking and financial services company in India by revenue, assets and market capitalisation. It is a state-owned corporation with its headquarters in Mumbai, Maharashtra.
SBI provides a range of banking products through its vast network of branches in India and overseas, including products aimed at non-resident Indians(NRIs).
To remain competitive with its private-sector counterparts, in 2002, SBI began the largest implementation of a centralized core system ever undertaken in the banking industry. The State Bank of India selected Tata Consultancy Services to customize the software, implement the new core system, and provide ongoing operational support for its centralized information technology.
Although SBI initially planned to convert only 3,300 of its branches, it was so successful that it expanded the project to include all of the more than 14,600 SBI and affiliate bank branches.
Profile of state bank of India and associates
Bank name State bank of Bikaner and jaipur Headquarters (city, state) Jaipur, Rajasthan Branches 833 ATM 336
State bank of Hyderabad
State bank of Indore State bank of Mysore State bank of Patiala State bank of saurashtra State bank of Travancore
Hyderabad, Andhra Pradesh
Indore, Madhya Pradesh Bangalore, Karnataka Patiala, Punjab Bhavnagar, Gujarat Trivandrum,kerala
965
301 654 766 452 706
460
235 247 353 190 331
Some major contribution by SBI
State Bank of India donates a jeep for the poor
The State Bank of India extended its corporate social responsibility (CSR) arm to help orphans and school drop-outs on Wednesday. The bank donated a Tata Sumo to Fountain of Knowledge, Multipurpose Institute and National Institute of Open Schooling (NOIS) centers at Meghalaya. The car will enable the institution to provide transportation to the poor and handicapped students from the remote areas. The vehicle will also be used as an ambulance in emergencies for taking sick children to hospitals and nearby health centers. The bank has also donated Rs 1 lakh under SBI Children's Welfare Fund Scheme for purchasing of wheelchairs, single & double bedstead and other utility items for the benefit of the orphans and physically challenged studying in the school. The CGM appreciated the noble and dedicated service rendered by the institute, extending love and care to the homeless and differently abled children
ISB Launches ‘SBI Cell for Public Sector Leadership’
The Indian School of Business (ISB) in association with The State Bank of India (SBI), signed a MoU to set up a Research Cell on Public Sector Leadership in India at the ISB campus. The cell titled ‘SBI Cell for Public Sector Leadership’, will focus on innovation, change management, organisational transformation, leadership comparisons between public and private enterprises. ISB had announced that they are privileged to be associated with the SBI for conducting research on Public Sector Leadership in India. The PSUs have played a very important role in ensuring inclusive growth in India. At the same time, they have adapted to meeting global opportunities and challenges.
doc_644145215.pptx