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State Bank of Patiala information


State Bank of Patiala
Company typePublic
Traded as
  • BSE: 501061
  • NSE: SBP
Industry
  • Banking
  • Capital Markets and allied industries
  • Insurance
FoundedPatiala, 1917
Defunct2017
FateMerged in State Bank of India in 2017
HeadquartersHead 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
RevenueIncrease 173,000 crore (US$22 billion) (2013)[1][2]
Net income
Increase 11,358.06 crore (US$1.4 billion) (2013)[1][2]
Total assetsIncrease 116,709.10 crore (US$15 billion) (2013)[1][2]
Total equityIncrease 203,417.50 crore (US$25 billion) (2013)[1][2]
Number of employees
13178
ParentState 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.

  1. ^ a b c d "Annual Report 2012–13" (PDF). SBI. 23 May 2013. Retrieved 10 October 2013.
  2. ^ a b c d "Fortune 'Global 500' 2013:State Bank of India". CNN. Retrieved 10 October 2013.

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