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State Bank of Patiala
Company type
Public
Traded as
BSE: 501061
NSE: SBP
Industry
Banking
Capital Markets and allied industries
Insurance
Founded
Patiala, 1917
Defunct
2017
Fate
Merged in State Bank of India in 2017
Headquarters
Head Office, The Mall, Patiala 147 002 India
Key people
Sh. Rajnish kumar (chairman)
Shri. S. A. Ramesh Rangan (managing director)
Products
Investment vehicles
Loans
Savings
Revenue
₹173,000 crore (US$22 billion) (2013)[1][2]
Net income
₹11,358.06 crore (US$1.4 billion) (2013)[1][2]
Total assets
₹116,709.10 crore (US$15 billion) (2013)[1][2]
Total equity
₹203,417.50 crore (US$25 billion) (2013)[1][2]
Number of employees
13178
Parent
State Bank of India
State Bank of Patiala, founded in 1917, was an associate bank of the State Bank Group. It merged with State Bank of India on 1 April 2017. At the time of its merger, State Bank of Patiala had a network of 1445 service outlets, including 1314 branches, in all major cities of India, but most of the branches were located in the Indian states of Punjab, Haryana, Himachal Pradesh, Rajasthan, Jammu & Kashmir, Uttar Pradesh, Madhya Pradesh, Delhi, Gujarat and Maharashtra.
^ abcd"Annual Report 2012–13" (PDF). SBI. 23 May 2013. Retrieved 10 October 2013.
^ abcd"Fortune 'Global 500' 2013:State Bank of India". CNN. Retrieved 10 October 2013.
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