
SBI Named ‘World's Best Consumer Bank' for 2025 by Global Finance
Mumbai, July 18, 2025 – The State Bank of India (SBI), the country's largest public sector lender, has been honoured with the title of 'World's Best Consumer Bank' for 2025 by Global Finance magazine. The recognition places SBI on the global banking map for its continued focus on customer-centric innovation and digital transformation.
The award will be formally presented to SBI Chairman Shri C.S. Setty at the World's Best Bank event in Washington, D.C. on October 18, 2025, during the IMF/World Bank Annual Meetings. The selection was based on in-depth editorial research, analysis, and expert input from corporate finance professionals, analysts, and global banking executives.
Expressing gratitude on the occasion, SBI Chairman Shri C.S. Setty said:
'A heartfelt thanks to all our esteemed customers, dedicated employees and all other stakeholders for their unwavering trust.' He added, 'Customer experience remains central to our growth strategy. By simplifying on-boarding, enabling vernacular voice banking, and ensuring 24/7 digital support, we aim to deliver a seamless and inclusive experience across geographies, particularly for emerging segments in rural and semi-urban areas. Further, we are building omni-channel engagement models, supported by hyper-personalised offerings powered by AI.'
This prestigious honour reinforces SBI's commitment to serving over 52 crore customers through a blend of innovation, accessibility, and excellence in service delivery—spanning the remotest villages of India to customers abroad.
Founded nearly four decades ago, Global Finance is a trusted publication among corporate leaders, central bankers, and financial decision-makers across 193 countries. Its World's Best Bank awards are considered a benchmark in the global banking industry, evaluating over 150 countries and 11 global regions.
SBI continues to hold its position as the nation's leading bank in terms of assets, deposits, and customer base, with a digital footprint that includes over 8.77 crore users on its flagship app, YONO, and millions more engaged across social platforms.
Ahmedabad Plane Crash
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Upturn
10 hours ago
- Business Upturn
VinFast Unveils Its Largest Showroom Yet as EV Expansion Accelerates in India
By Riddhima Jain Published on August 4, 2025, 11:35 IST VinFast Auto India has opened its biggest showroom in the country, marking a major milestone in its expansion into the Indian electric vehicle (EV) market. The newly launched facility, spanning 4,700 sq. ft, is the largest among the 35 outlets the company plans to roll out this year as part of its nationwide retail strategy. The new showroom is operated by Maansarovar Motors, a respected name in the region's automotive retail space. Designed to offer a premium customer experience, the facility will feature VinFast's flagship electric SUVs — the VF 6 and VF 7 — and serve as a comprehensive touchpoint for EV buyers looking for advanced technology, sustainability, and convenience. Located in the high-traffic Teynampet area, the showroom's visibility is expected to strengthen VinFast's brand presence and attract a wide base of EV enthusiasts and potential buyers. Speaking at the inauguration, Mr. Pham Sanh Chau, CEO of VinFast Asia, said: 'Chennai's legacy and its thriving ecosystem of innovation, skilled talent, and advanced infrastructure make it a natural choice for VinFast's first-ever dealership in Tamil Nadu, which is also our largest touchpoint across the country. With this dealership, we are proud to deepen our commitment to this dynamic city and bring our premium electric mobility solutions closer to discerning customers in Tamil Nadu. Chennai represents the spirit of progress, and through our partnership with Maansarovar Motors, we aim to redefine the EV ownership journey — combining sustainability, technology, and world-class service. This marks not just a retail milestone, but a meaningful step toward co-creating a greener, smarter, and future-ready India.' VinFast began accepting pre-bookings for the VF 6 and VF 7 on July 15, 2025, with a fully refundable amount of ₹21,000. Customers can reserve their vehicles either at showrooms or online via To further strengthen its EV ecosystem in India, the company has partnered with RoadGrid, myTVS, and Global Assure for building a nationwide network for charging and after-sales services. Additionally, VinFast has joined hands with clean-tech firm BatX Energies to promote battery recycling and build a circular battery value chain — emphasizing its commitment to responsible innovation and environmental sustainability. Ahmedabad Plane Crash


Business Upturn
3 days ago
- Business Upturn
Tata Power powers Shaurya Bharat EV Rally 2025 through its EV charging solutions
Tata Power powered the Shaurya Bharat EV Rally 2025 with its robust EZ Charge network, enabling a seamless 600-km journey from Delhi to Adampur and back. Organized in collaboration with the Indian Air Force, Tata Motors, and PHDCCI, the rally celebrated the valor of India's armed forces while showcasing the viability of long-distance green mobility in India. By Riddhima Jain Published on August 1, 2025, 15:35 IST Tata Power played a pivotal role in the successful execution of the Shaurya Bharat EV Rally 2025 , by providing end-to-end EV charging support through its EZ Charge network. The rally, a collaborative effort with the Indian Air Force, Tata Motors, and PHD Chamber of Commerce and Industry (PHDCCI), celebrated India's armed forces while promoting the country's transition to sustainable mobility. Flagged off from Delhi, the rally covered over 600 km through Murthal, Ambala, and Adampur (Jalandhar), before returning to the capital. Featuring a convoy of over 30 Tata Harrier EVs, the drive was supported entirely by Tata Power's public charging stations along the route — ensuring zero range anxiety and uninterrupted travel. More than just a tribute to the valor of India's defense personnel, the rally served as a real-world test of India's EV infrastructure. Tata Power's strategically located, high-performance charging points proved to be the backbone of this demanding, multi-city initiative. 'This was more than a commemorative event — it was a demonstration of what's possible when purpose meets robust infrastructure,' a Tata Power spokesperson said. Tata Power has rapidly scaled its EV charging ecosystem, with over 5,400 public and captive charging points, more than 1.35 lakh home chargers, and over 1,200 bus charging stations across 600+ cities. Its infrastructure supports all types of EVs, catering to individuals, fleets, and large-scale institutional drives. To date, Tata Power's charging network has enabled more than 23.6 crore electric kilometers globally, helping avoid over 1 lakh tonnes of CO₂ emissions from buses alone. The company aims to expand to 7.5 lakh home chargers and 10,000 public charging points by 2030. The Shaurya Bharat EV Rally 2025 thus stands as a high-impact convergence of India's sustainability goals and national pride — with Tata Power leading from the front to drive the EV revolution. Ahmedabad Plane Crash


Bloomberg
6 days ago
- Bloomberg
SBI Leads $9.2 Billion Wave of Indian Fast-Tracked Share Sales
State Bank of India 's recent record offering is leading a summer onslaught of a fast-tracked type of share sale as local companies take advantage of this year's stock-market rally to raise funds. About 40 Indian firms, led by banks, announced plans in July to raise more than 800 billion rupees ($9.2 billion) via qualified institutional placements, according to data compiled by That may put Indian QIPs, which are only offered to professional investors, on track for one of their biggest years on record.