SBI stands for State Bank of India, which is a government-owned multinational bank that was founded in 1955 and is the result of the nationalization of eight regional banks. Since then, SBI has grown to become a major financial institution in India, offering a wide range of banking and financial services to individuals, businesses, and government entities. Some of the services provided by SBI include personal banking, corporate banking, investment banking, wealth management, insurance, and credit cards. SBI has a large network of branches and ATMs across India and also operates in several other countries around the world. As part of the placement drive at the regional college of management, Bhubaneswar, a significant number of students have been hired by the firm as employees in a diverse range of roles.