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In Business / College | 2025-07-08

State Bank of India is a
A. Public Sector Bank
B. Private Sector Bank
C. Joint Sector Bank
D. Non-Nationalized bank

Asked by 1toxicgaming143

Answer (2)

The State Bank of India is categorized as a Public Sector Bank, meaning it is government-owned and operates in the public interest. Established in 1955, SBI provides essential banking services and aims to foster economic development in India. Understanding this helps to differentiate it from private sector banks, which focus more on profit. ;

Answered by GinnyAnswer | 2025-07-08

The State Bank of India is a Public Sector Bank, meaning it is government-owned and focused on serving public interests. Established in 1955, SBI provides essential banking services to promote financial inclusion in India. This classification distinguishes it from private sector banks, which aim for profit.
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Answered by Anonymous | 2025-07-09

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