State Bank of Bikaner and Jaipur was established in 1963 after amalgamation of erstwhile State Bank of Jaipur (established in 1943) with State Bank of Bikaner (established in 1944) as a subsidiary of State Bank of India. The bank's main area of operation is in the State of Rajasthan, with a presence at all important centres in the country. The bank has 860 branches spread over the country.
SBBJ follows transparent corporate governance policies and has smoothly migrated to Basel II. On the technology front, the bank migrated all branches to Core Banking Solution (CBS) and became among the first few banks in India to offer online banking facility across the country. The bank has installed 495 ATMs and is part of the State Bank Group networks of ATMs. Internet Banking has been extended to all branches for retail and corporate customers. The bank has rolled out Business Process Reengineering (BPR) initiatives to improve operational efficiency and better customer service and is committed to offer value added services to its customers.
The bank has been earning profit continuously since its inception and its business has crossed the level of Rs 69,000 crore with a net profit of Rs. 403.45 crore at the end of March, 2009.
Services offered by the bank
- PersonalBanking
- NRI Services
- International Banking
- Corporate Banking
- Agriculture Products
- Service to SMEs
- Govt. Business
- Other Services:-E-mitra, Demat services, Internet Banking, ATM Services, Real Time Gross Settlement, Cross Selling Activities, National Electronic Fund Transfer