Supriya Ghosh (Editor)

State Bank of Patiala

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Type
  
Public

Customer service
  
1800 180 2010

Motto
  
The nation banks on us

Traded as
  
BSE: 501061 NSE: SBP

Founded
  
1917

Parent organization
  
State Bank of India


Industry
  
Banking Insurance Capital Markets and allied industries

Headquarters
  
Head Office, The Mall, Patiala 147 002 India

Key people
  
Smt. Arundhati Bhattacharya (Chairman), Shri. S. A. Ramesh Rangan(Managing Director)

Products
  
Loans, Savings, Investment vehicles, etc.

Founder
  
Bhupinder Singh of Patiala

Revenue
  
1.73 trillion INR (2013, US$26 billion)

Net income
  
113.6 billion INR (2013, US$1.7 billion)

How to add a beneficiary in state bank of patiala


State Bank of Patiala, founded in 1917, is associate bank of the State Bank Group. Presently, State Bank of Patiala has a network of 1445 service outlets, including 1314 branches, in all major cities of India, but most of the branches are located in the Indian states of Punjab, Haryana, Himachal Pradesh, Rajasthan, Jammu & Kashmir, Uttar Pradesh, Madhya Pradesh, Delhi, Gujarat and Maharashtra.

Contents

How to operate a cash deposit machine of state bank of patiala


History

His Highness Bhupinder Singh, Maharaja of Patiala State, founded the Patiala State Bank on 17 November 1917 to foster growth of agriculture, trade and industry. The bank combined the functions of a commercial bank and those of a central bank for the princely state of Patiala. The bank had one branch at Chowk Fort, Patiala, Undivided India.

The formation of the Patiala and East Punjab States Union in 1948 led to the bank being reorganized, being brought under the control of the Reserve Bank of India, and being renamed Bank of Patiala. On 1 April 1960 Bank of Patiala became a subsidiary of State Bank of India and was renamed State Bank of Patiala.

Logo and slogan

  • The logo of the State Bank of Patiala is a blue circle with a small cut in the bottom that depicts perfection and the small man the common man - being the center of the bank's business. The logo came from National Institute of Design(NID), Ahmedabad and it was inspired by Kankaria Lake, Ahmedabad.
  • Slogans: "PURE BANKING, NOTHING ELSE", "WITH YOU - ALL THE WAY", "A BANK OF THE COMMON MAN", "THE BANKER TO EVERY INDIAN", "THE NATION BANKS ON US", "GRAHAK DEVO BHAV"
  • Major competitors

    Some of the major competitors for SBP in the banking sector are State Bank Of India, Axis Bank, ICICI Bank, HDFC Bank, Punjab National Bank, Bank of Baroda, Canara Bank and Bank of India. However, in terms of average market share, SBP is by far the largest player in the market.

    Branches And ATM Services

    The State Bank of Patiala has more than 1334 branches, 13 extension counter spread across the major cities of India. The majority of its branches are located in Punjab, Haryana, Himachal Pradesh, Uttar Pradesh, Rajasthan,Jammu & Kashmir Delhi, and Chandigarh. The Bank provides easy access to money to its customers through its ATMs spread over 21 states and 2 union territories of India.

    It was the first bank in India to go on CORE 100%.

    Contact

    State Bank of Patiala

    Head Office, The Mall

    Patiala - 147 001

    Punjab

    India

    Website: www.sbp.co.in

    References

    State Bank of Patiala Wikipedia