Chandigarh, November 18, 2024: Honouring the rich legacy of the State Bank of India, the Honourable Minister of Finance and Corporate Affairs of India, Smt. Nirmala Sitharaman unveiled a specially minted ₹100 commemorative coin to mark the centenary of SBI’s iconic Horniman Circle Branch. Alongside the coin launch, she also unveiled the 5^th edition of The Evolution of the State Bank of India, chronicling a transformative era in the bank’s journey between 1981 and 1996. The event was graced by the presence of the Secretary of the Department of Financial Services (DFS), Shri M. Nagaraju, among other dignitaries.

Speaking on the occasion, Minister of Finance and Corporate Affairs of India, Smt. Nirmala Sitharaman said, “SBI’s remarkable journey, culminating in the centennial celebration of its iconic branch, reflects an extraordinary legacy of growth and service. From 100 branches at the time of the 1920 amalgamation to 22,640+ branches today, with plans to add 500 more in FY 2025, SBI continues to expand its reach. The bank operates 63,000+ ATMs, engages 80,300 banking correspondents, and serves over 50 crore customers."

Shri C.S. Setty, Chairman of SBI, added, “As SBI reflects on its illustrious legacy, we take pride in being a cornerstone of India’s financial growth, driving economic progress while pioneering transformative banking innovations that have redefined the industry. As SBI embarks on a new era, this milestone is a testament to our enduring legacy and reinforces our unwavering dedication to serving the diverse financial needs of every Indian, making us truly ‘The Banker to Every Indian’.”