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The State Bank of India (SBI) has been honoured with two prestigious awards by Global Finance, New York. The bank has been named the World’s Best Consumer Bank 2026 for the second consecutive year and Best Bank in India 2026.
SBI Chairman Shri Challa Sreenivasulu Setty received the awards at a ceremony held in Bangkok. This is a proud moment for the bank and reflects its long-standing commitment to excellence and its efforts to shape the future of banking.
By receiving the World’s Best Consumer Bank award for the second year in a row, along with the Best Bank in India 2026 recognition, SBI has once again received international recognition for its contribution to the banking industry.
Some important facts about SBI
SBI serves over 520 million customers and adds roughly 65,000 new customers every day. The bank operates more than 22,500 branches, 63,580 ATMs, and a vast network of business correspondent outlets.
SBI serves over 50 crore (500 million) customers. To put that in perspective, its customer base is larger than the entire population of the United States or South America.
Its flagship mobile banking platform (YONO) has nearly 100 million registered users with about 10 million daily active logins.
The bank caters directly to over 1.42 crore (14.2 million) farmers across rural India.
Over 68% of all new savings accounts at SBI are now opened digitally and instantly via the YONO SBI platform.
It operates 82,900 Business Correspondent (BC) outlets to bring banking to deep rural locations without formal brick-and-mortar structures.
SBI handles approximately 62% of the total turnover for the Central Government sector, operating as the primary accredited banker for 26 major ministries.
According to Reserve Bank of India data, SBI retains absolute market leadership in plastic money, commanding a 25% market share of all active debit cards in India.
