Describe clearly the organisation structure of State Bank of India?
Organisational Structure of State Bank of India:
Board of Directors:
- The Board of Directors is the highest decision-making body of SBI.
- It consists of a Chairman, Managing Director, and other Directors.
Top Management:
- The Managing Director and Chief Executive Officer (CEO) oversee the overall functioning of the bank.
- They are supported by Deputy Managing Directors and Chief General Managers.
Regional Heads:
- SBI is organised into different regions, each headed by a Chief General Manager.
- These regional heads are responsible for the operations and performance of branches in their respective regions.
Branch Managers:
- Each branch of SBI is managed by a Branch Manager.
- The Branch Manager is responsible for the day-to-day operations, customer service, and profitability of the branch.
Officers and Staff:
- Below the branch manager, there are officers and staff who handle various functions such as customer service, loans, deposits, etc.
- They report to the branch manager and are responsible for executing the bank's operations.
Support Functions:
- SBI also has support functions such as Human Resources, Information Technology, Risk Management, and Legal departments.
- These functions provide support to the operational areas of the bank and ensure compliance with regulations.