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SBI gets ‘World’s Best Consumer Bank 2025’ and ‘Best Bank in India 2025’ recognition from Global Finance

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Challa Sreenivasulu Setty, Chairman, State Bank of India (SBI)

Challa Sreenivasulu Setty, Chairman, State Bank of India (SBI) | Photo Credit: NAGARA GOPAL

State Bank of India (SBI) has got the “World’s Best Consumer Bank 2025” and “Best Bank in India 2025” recognition from Global Finance, New York, at the Global Finance Award Ceremony held during the World Bank/IMF Annual Meetings 2025.

“This dual recognition reinforces SBI’s position as a global banking leader committed to innovation, financial inclusion and customer excellence. The awards acknowledge the bank’s success in delivering world-class banking experiences to its extensive customer base while maintaining technological leadership and expanding services across India’s diverse geographic landscape,” India’s largest bank said in a statement.

Challa Sreenivasulu Setty, Chairman, State Bank of India, said, “We are deeply honoured by Global Finance‘s recognition of SBI’s daily commitment to excellence. Serving 520 million customers and adding 65,000 new customers daily requires significant investment in technology and digitalisation.”

“As a ‘Digital First, Consumer First’ bank, our flagship mobile application serves over 100 million customers, with 10 million daily active users,” he added.

Published on October 24, 2025

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