The largest public sector bank in India and one of the top financial institutions there is the State Bank of India (SBI). It is included among the Fortune 500 firms and was the first Indian bank to operate a branch in China in 2006. Several SBI companies, including SBI Capital Markets Ltd., SBI Funds Management Pvt. Ltd., SBI Life Insurance Company Ltd., SBI Cards and Payment Services Pvt. Ltd., and SBI General Insurance Company Ltd., engage in several financial service sectors.
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