8 Indian Companies on Fortune 500 List
State Bank of India
State Bank of India (SBI) is India’s biggest banking and financial services firm and is head-quartered in Mumbai and was ranked 282 in the list. It is India’s oldest bank and has maximum penetration in India, including rural areas. IT has over 3850 branches and many abroad as well. It is the biggest bank among the Big Four banks of India. Last year, Fortune India 500 ranked it at 4. According to Forbes, SBI is the 29th most reputed company in the world. It was the only bank to make its way in "Top 10 Brands of India," conducted by The Economic Times and Brand Finance in 2010. Pratip Chaudhuri is the Chairman of SBI. It has an annual turnover of 1,47,844 crore. Its Profit After Tax is 10,685 crore. Its total assets are worth 14,84,482 crore .It is currently being traded at 2,170.00 in the stock market.
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