State Bank of Hyderabad

State Bank of Hyderabad
	State Bank of Hyderabad, HQ in 2012
Trade name	SBH
Formerly	Hyderabad State Bank
Company type	Public Sector
Traded as	NSE: SBH; BSE: 972476
Industry	Banking; Insurance; Capital Markets and allied industries
Predecessor	Hyderabad State Bank
Founded	August 8, 1941
Founder	Mir Osman Ali Khan
Defunct	March 31, 2017
Fate	Renamed as State Bank of Hyderabad and share capital transferred to RBI in 1956. ; Made subsidiary of SBI in 1959. ; Merged into State Bank of India in 2017.
Successor	State Bank of India
Headquarters	Gunfoundry, Abids ; Hyderabad India
Area served	Pan-India.
Key people	Rajnish Kumar (banker) (chairman), Mani Palvesan (managing director)
Products	Personal Banking Schemes, Corporate Banking, SME Banking Schemes, FOREX, Mobile Banking, Internet Banking, Credit Cards, Insurance
Net income	Rs. 1317 crores
Owner	Government of India
Number of employees	17,000
Parent	State Bank of India (100% owned)

State Bank of Hyderabad (SBH) was a regional bank India, with its headquarters at Gunfoundry, Abids, Hyderabad, Telangana. Founded by the 7th Nizam of Hyderabad State, Mir Osman Ali Khan, it is now one of the five associate banks of State Bank of India (SBI) and was one of the nationalised banks in India. It was established on 8 February 1941, as the Hyderabad State Bank.^[1] From 1956 until 31 March 2017, it had been the largest associate bank of the SBI. After formation of Telangana in 2014, SBH was the lead bank of the newly created state. The State Bank of Hyderabad was merged with State Bank of India on 1 April 2017.

SBH had over 2,000 branches and about 18,000 employees. The bank's business had crossed Rs. 2.4 trillion as on 31.12.2015 with a net profit of Rs. 8.12 billion.

The bank had performed well in the decades before merger, winning several awards for its banking practices.^[2] Arundhati Bhattacharya was the chairman and Mani Palvesan the managing director at the time of merger.

It was the chief banker of Telangana.^[3]

^ "After 75 years, State Bank of Hyderabad slides into history". Zee Business. 30 December 2016. Retrieved 18 March 2024.
^ Avinandan Mukherjee and Prithwiraj Nath. 2005. "An empirical assessment of comparative approaches to service quality measurement", Journal of Services Marketing 19 (3), 174-184.
^ Ethnic flavour: SBH to be chief banker to new Telangana state

[1] "After 75 years, State Bank of Hyderabad slides into history". Zee Business. 30 December 2016. Retrieved 18 March 2024.

[2] Avinandan Mukherjee and Prithwiraj Nath. 2005. "An empirical assessment of comparative approaches to service quality measurement", Journal of Services Marketing 19 (3), 174-184.

[3] Ethnic flavour: SBH to be chief banker to new Telangana state

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