New York/New Delhi, July 18, 2025
Today is a proud moment for India in the world banking world. The country's largest public sector bank, State Bank of India (SBI), has received the title of "World's Best Consumer Bank" 2025. The announcement was made on Friday at the prestigious Global Finance Awards, which has given Indian consumer banking a new identity on the global stage.
SBI's historic journey and achievement
SBI has constantly progressed with the changing needs of customers in its 200+ year-old history.
Over the years, the bank has not only provided digital banking, mobile apps and new technology platforms to crores of customers in India, but also facilitated banking access in rural and urban areas.
Experts believe that SBI's continuous investment plans and service innovation have made it worthy of the global award.
Honor ceremony and selection process
The award will be given on October 18 at a special ceremony to be held at the National Press Club of America, Washington DC.
The annual meeting of the IMF World Bank will also be a part of this award program - which further increases the prestige of the award. For the international selection, the editorial board of Global Finance relied on banking experts, corporate financial officers and independent research from around the world.
Other Global Banking Winners
- World's Best Bank: Societe Generale
- Best Corporate Bank: BBVA
- Emerging Market Bank: J.P. Morgan
- Frontier Market Bank: Societe Generale
- Sub-Custodian Bank: CIBC Mellon
Next Step for SBI
Expectations have reached new heights among banking experts and investors due to this news. According to the finance world, this honour is not just a symbol of global brand for SBI, but is also an example of the unique success of the Indian financial sector.
The rising expectations of customers will now inspire SBI towards more innovation, best digital service and financial inclusion.
SBI has further strengthened the importance of Indian consumer banking by setting a new record globally. Such awards not only enhance the reputation of the bank, but also give a new dimension to the economic identity of the entire country.