The State Bank of India (SBI) has been honoured with two major international titles — ‘World’s Best Consumer Bank 2025’ and ‘Best Bank in India 2025’
New Delhi: The State Bank of India (SBI) has received two prestigious global honours from Global Finance, New York — the World’s Best Consumer Bank 2025 and Best Bank in India 2025 — at the Global Finance Award Ceremony held during the World Bank and IMF Annual Meetings 2025.
According to an official statement, the dual recognition highlights SBI’s leadership in digital innovation, financial inclusion, and customer-centric excellence. The bank’s commitment to delivering world-class banking services while leveraging advanced technology across India’s vast geography was a key factor behind the accolades.
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SBI Group Chairman Challa Sreenivasulu Setty expressed gratitude for the recognition, stating, “We are deeply honoured by Global Finance's recognition of SBI's daily commitment to excellence. Serving 520 million customers and adding 65,000 new customers daily requires significant investment in technology and digitalisation. As a ‘Digital First, Consumer First’ bank, our flagship mobile application serves over 100 million customers, with 10 million daily active users.”
SBI remains India’s largest commercial bank by assets, deposits, branches, and customers. It is also one of the country’s top mortgage lenders, having helped fulfil the home-buying aspirations of over 30 lakh Indian families.
The bank’s home loan portfolio has crossed ₹8.5 lakh crore, while as of June 2025, it reported deposits exceeding ₹54.73 lakh crore with a CASA ratio of 39.36% and advances of ₹42.54 lakh crore. Ranked as the fourth most trustworthy bank in the world by Newsweek, SBI commands 27.7% market share in home loans and 19.03% in auto loans.
With a network of 22,980 branches, 62,200 ATMs/ADWMs, and 76,800 BC outlets, SBI has also strengthened its digital presence. The bank currently serves 14.2 crore internet banking users, and in Q1 FY26, 66% of new savings accounts were opened via its digital platform YONO (You Only Need One).
YONO now has over 9.04 crore registered users, adding 27.4 lakh new registrations in Q1 FY26 alone. During the same quarter, SBI disbursed ₹1,791 crore worth of pre-approved personal loans through YONO, underscoring its strong digital growth trajectory.
The dual awards further affirm SBI’s role as a leader in modern banking, combining technological innovation with customer trust to redefine consumer banking both in India and globally.
(With ANI iputs)
Published: 23 Oct 2025, 03:19 pm IST
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