State Bank of India (SBI) has received two major awards from Global Finance, New York. The honors were presented at the Global Finance Awards ceremony, held during the World Bank/IMF Annual Meetings 2025. SBI was awarded the titles of 'World's Best Consumer Bank 2025' and 'Best Bank in India 2025'.

In a statement, SBI said that these two honors further strengthen SBI's position as a global banking leader. The bank is committed to innovation, financial inclusion, and providing excellent customer service. SBI also stated that these awards reflect SBI's success in providing a world-class banking experience to its customers. Additionally, the bank has maintained its technology leadership and expanded its services across India.

The bank has 250 million customers.
SBI Group Chairman Challa Srinivasulu Setty said on the recognition, "We are deeply honored by Global Finance's recognition of SBI's daily commitment to excellence." He further added, "Serving 520 million customers and adding 65,000 new customers every day requires significant investments in technology and digitization. As a 'digital-first, consumer-first' bank, our flagship mobile application serves over 100 million customers, with 10 million daily active users."

The country's largest bank
SBI is India's largest bank. It leads in terms of assets, deposits, branches, customers, and employees. It is also one of the largest home loan providers in the country. SBI has fulfilled the home-owning dreams of nearly 3 million Indian families so far.

The bank's home loan portfolio has exceeded ₹8.5 lakh crore. As of June 2025, the bank had deposits of over ₹54.73 lakh crore. Its CASA (current account, savings account) ratio was 39.36% and advances exceeded ₹42.54 lakh crore. SBI has a market share of 27.7% in home loans and 19.03% in auto loans.

Largest ATM Network
SBI has the largest network of 22,980 branches and 62,200 ATMs/ADMs (Automated Deposit/Withdrawal Machines) in India. It also has over 76,800 BC (Business Correspondent) outlets. The number of internet banking customers is 142 million. SBI's digital strategy is on track.

In the first quarter of FY26 (Q1 FY26), 66% of new savings accounts were opened through YONO. YONO is SBI's integrated digital and lifestyle platform. YONO has over 90.4 million registered users. There were 2.74 million new registrations on YONO in Q1 FY26. On the digital lending front, the bank disbursed pre-approved personal loans worth Rs 1,791 crore through YONO during Q1 FY26.

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