State Bank of India engages in the provision of public sector banking, and financial services statutory body. The company is headquartered in Mumbai, Maharashtra and currently employs 236,226 full-time employees. The firm is engaged in providing a wide range of products and services to individuals, commercial enterprises, corporates, public bodies and institutional customers. The firm has a digital platform, YONO 2.0, which is designed to reduce customer acquisition costs by a factor of ten compared to traditional banking methods. Its segments include Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business and Other Banking Business. The Treasury segment includes investment portfolios and trading in foreign exchange contracts and derivative contracts. The Corporate/Wholesale Banking segment comprises the lending activities of the corporate accounts group, the commercial client’s group and the stressed assets resolution group. The Retail Banking Segment is engaged in personal banking activities including lending activities to corporate customers having banking relations with its branches.