State Bank of India (SBI), India’s largest bank celebrate 100 years in the UK with a client dinner at Edgbaston Cricket Ground.

Business Leaders share their best wishes as the bank marks their UK centenary.

100 years is an incredible milestone. Consider Britain in 1921 when SBI first launched its UK operation;

  • Leicester University became the first ever crowd funded Higher Education establishment opening its doors for its first students.
  • Women are allowed to study for full academic degrees at Cambridge for the first time.
  • The very first British Legion Poppy Day is held, honouring those who fought for Britain including soldiers from the Indian subcontinent.

Preet Kaur Gill MP for Birmingham Edgbaston congratulating SBI on their centenary said “Since its launch in 1921, State Bank of India has made a definitive mark as the largest Indian bank in the country. It has a fine reputation for building customer relationships that went well beyond just banking. I wish them every success.”

State Bank of India is the 43rd largest bank in the world and boasts a 25% share of the total loans and deposits market in the world’s largest democracy. The global bank operates in 31 countries.

Vishal Bahri (Senior Area Manager of SBI UK Birmingham) said “We have been through a challenging period due to Covid 19. Thank you to NHS staff for all the wonderful work during pandemic and bringing back the freedom to do things that we all enjoy.”

“Thank you to all customers for support and giving an opportunity to serve and choosing to stay with us. SBI UK is growing and adding new customers in UK with every passing day. We have exciting product offerings and we are passionate about customer service.”

“We have built a reputation of being a stable and safe bank over the last 100 years in UK and we look forward to share the success with local businesses and individuals interested to join us in this journey.”

Ninder Johal, CEO of Nachural Publishing and Events speaking about SBI said “In an ever changing world where businesses rarely survive more than a few decades – it is so impressive to see this banking giant continue to serve the needs of business and individuals for a century – access to finance is what leads to a fully functioning and well oiled economy and society.

SBI started life as the Imperial Bank of India in 1921 and rebranded in 1955 following its takeover by the Government of India.

Henrietta Brealey, CEO of Greater Birmingham Chambers of Commerce “On behalf of the Greater Birmingham Chambers of Commerce I would like to congratulate the State Bank of India on this truly historic milestone. Our organisations have a longstanding relationship through our Asian Business Chamber of Commerce and we are delighted to see this global organisation, with roots in the local community, continue to flourish.

The 100 year celebrations at Edgbaston Cricket Ground saw invited guests toast the bank’s centenary in the UK at a stadium no stranger to English and Indian success.

Andy Street, Mayor of the West Midlands sharing his best wishes to SBI said “Congratulations to the State Bank of India on their century. 100 years ago investing in the UK must have been an incredible leap, but now we know it was so far sighted. May your next century be even more successful – for sure there’s so much business to be done between our two great countries

Mike Olley, General Manager of Westside Business Improvement District (BID) shared his best wishes “A big happy birthday to the State Bank of India from Westside BID, the banking and financial services capital of the West Midlands. 100 and looking in exceptional health with significant prospects. Dare we suggest a move into Westside would be a great tonic for growth over the next hundred years?

Jason Wouhra, President of the Asian Business Chamber of Commerce (ABCC) said “The ABCC have great pleasure in offering State Bank of India our hearty congratulations on achieving their amazing milestone of 100 years in the UK. During this time SBI have provided invaluable support to countless businesses and the Asian community. We wish SBI every success for the future. Here’s to the next 100 years.

Sanjay Pandey, Executive Director & Chief Operating Officer speaking on behalf of SBI welcomed guests to Edgbaston saying “Thank you for being part of this celebration. We thank you all for being a part of State Bank of India for so many years and we are only able to celebrate this centenary because of our customers like you. We are very proud to have been here in the UK for the past 100 years. We aspire to be here for the next 100 years and more. Thank you all for being associated with State Bank of India and we look forward to serving you in the years to come.”

In the month India celebrate its Independence, I would like to echo the heartfelt wishes to State Bank of India, shared in this article, on the 100th anniversary of their presence in the UK.

SBI has flown the Indian saffron, white and green flag around the world. For the pride they have injected into the nation, I salute and congratulate the State Bank of India on their 100th anniversary in the UK.

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