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231 East 22nd Street, Suite 23 New York NY 10010

Fax: +88 (0) 202 0000 001

State Bank of India

State Bank of India

The State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation headquartered in Mumbai, Maharashtra. It is the largest bank in India with a 23% market share in assets, besides a share of one-fourth of the total loan and deposits market. The bank descends from the Bank of Calcutta, founded in 1806, via the Imperial Bank of India, making it the oldest commercial bank in the Indian subcontinent.


  • Manage the merger of five of SBI’s subsidiary banks and Bharatiya Mahila Bank to make it a global-sized bank.
  • Subsidiary banks involved in the merger
    • State Bank of Patiala (founded 1917)
    • State Bank of Mysore (founded 1913)
    • State Bank of Bikaner & Jaipur (founded 1963)
    • State Bank of Hyderabad (founded 1941)
    • State Bank of Travancore (founded 1945)


  • AGX managed projects in 16 cities across India, including Ahmedabad, Mumbai, Jaipur, Bhopal, Amaravati, Bengaluru, Bhubaneshwar, Chandigarh, Chennai, Guwahati, Hyderabad, Kolkata, Lucknow, Delhi, Patna, Kerala.


  • 40% of the project was managed by AGX.
  • 1469 branches and 2189 ATMs covered across India.


The corporate reimaging roll out required detailed planning and execution at all levels. We worked with various stakeholders right from individual branches and regions, to the operations and marketing team based out of the headquarters. We addressed the custom size and vernacular language requirements and we provided timely and high quality executions to MIS reporting. We are proud to have succeeded in executing this project with flying colours.