SBI receives 'World's Best Consumer Bank 2025' award from Global Finance
- IBEF
- October 24, 2025
State Bank of India (SBI), the country’s largest lender, has received global recognition for its innovation and customer-centric approach, securing two prestigious honours from New York-based Global Finance magazine - the ‘World’s Best Consumer Bank 2025’ and the ‘Best Bank in India 2025’. The awards, presented during the World Bank and International Monetary Fund (IMF) annual meetings, underscore SBI’s leadership in digital banking, financial inclusion, and customer excellence. The recognition highlights the bank’s success in delivering world-class financial services while maintaining technological leadership and expanding its reach across India’s diverse geography.
Chairman of SBI, Mr. C. S. Setty, noted that the bank serves over 520 million customers and adds nearly 65,000 new customers daily, supported by substantial investments in technology and digital transformation. The bank’s flagship mobile platform, YONO, caters to more than 100 million users with 10 million daily active customers, reflecting SBI’s strong digital-first approach. Congratulating the bank, Union Minister of Commerce and Industry Mr. Piyush Goyal lauded SBI’s consistent focus on financial inclusion and its contribution to advancing India’s growth story. He described the achievement as a testament to the bank’s pivotal role in ensuring access to formal financial services for every section of society, reaffirming SBI’s position as a cornerstone of India’s banking and digital ecosystem.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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