When was the State Bank of India established?

🔑Key Points:
State Bank of India is an Indian multinational, public sector banking and financial services statutory body.
It is headquartered in Mumbai, Maharashtra.
SBI is the 43rd largest bank in the world and ranked 236th in the Fortune Global 500 list of the world's biggest corporations of 2019.

🛑Important Points:
Chairperson: Dinesh Kumar Khara
Headquarters: Mumbai
Founded: 1 July 1955
Subsidiaries: SBI Card, SBI Life Insurance, etc.

🔴Additional Information:
The Bank is actively involved since 1973 in non-profit activity called Community Services Banking.
All SBI branches and administrative offices throughout the country sponsor and participate in a large number of welfare activities and social causes. 
SBI is more than banking because we touch the lives of people anywhere in many ways.