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State Bank of India is a multinational banking and financial services. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. As of December 2013, it had assets of US$388 billion with Reserve Bank of India taking a 60% stake. In the financial year 2012-13, its revenue was INR 200,560 Crores (US$ 36.9 billion), out of which domestic operations contributed to 95.35% of revenue. It has 16,000 branches.
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