The State Bank of India, commonly known as SBI, is a massive multinational public sector banking and financial services statutory body headquartered in Mumbai, India. Rather than being owned by a single private individual, its ownership structure is publicly traded and heavily backed by the Government of India, which holds a controlling majority equity stake through the Ministry of Finance. The remaining shares are collectively owned by a diverse mix of domestic and international institutional investors, mutual funds, foreign portfolio investors, insurance corporations, and hundreds of thousands of individual retail shareholders. This hybrid public-institutional ownership model allows the institution to maintain deep governmental backing and public trust while operating under stringent corporate governance standards on major Indian stock exchanges.