State Bank of India

SBIN

INE062A01020

Banks

Market Closed - NSE India S.E. Other stock markets 07:05:09 2026-06-05 am EDT			5-day change	1st Jan Change
977.70 ^INR	-0.16%		+1.38%	-0.46%

Jun. 05	State Bank of India Names Group Chief Risk Officer	MT
Jun. 03	India's Bank Lending Hits Two-Year High as Firms Choose Loans Over Bonds as Financing Sources	MT

Scotiabank to Offer Wealth-Management Services to State Bank of India's High-Net-Worth Clients in Canada

Published on 05/11/2026 at 07:34 am EDT

Dow Jones

STATE BANK OF INDIA

-0.16%

THE BANK OF NOVA SCOTIA

-0.66%

By Robb M. Stewart

Bank of Nova Scotia's wealth-management arm will offer services to high-net-worth clients of State Bank of India's business in Canada.

Scotia Wealth Management and SBI Canada Bank agreed a referral-relationship arrangement, which will allow both companies to extend their coverage for clients locally in Canada.

Scotia Wealth Management will offer advisory and investment-management services through its Scotia Jarislowsky Fraser and ScotiaMcLeod businesses, as well as private-banking services through Scotiabank's private-banking group.

The Indian bank currently offers full-service retail, commercial and corporate banking services to clients in Canada.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

05-11-26 0733ET

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Approximate price	Change	5d. change	Capi.
	STATE BANK OF INDIA	977.70INR	-0.16%	+1.38%	94.7B
	THE BANK OF NOVA SCOTIA	112.36CAD	-0.66%	+1.57%	98.94B

Latest news about State Bank of India

Jun. 05	State Bank of India Names Group Chief Risk Officer	MT
Jun. 03	India's Bank Lending Hits Two-Year High as Firms Choose Loans Over Bonds as Financing Sources	MT
Jun. 01	SBI Life Insurance Appoints Deputy CEO	MT
May. 18	India directs state-run banks, insurance firms to cut costs, shift to EVs	RE
May. 16	State Bank of India Announces Directorate Changes, Effective June 26, 2026	CI
May. 12	Nomura Downgrades State Bank of India to Neutral From Buy, Adjusts Price Target to INR1,140 From INR1,205	MT
May. 12	SBI approves long term fund raising of up to $2 billion during FY 2026-27 via bonds	RE
May. 11	Scotiabank to Offer Wealth-Management Services to State Bank of India's High-Net-Worth Clients in Canada	DJ
May. 11	Scotia wealth management enters an arrangement with SBI Canada Bank to offer wealth management services to SBI Canada's high-net-worth clients	RE
May. 11	Arihant Capital Downgrades State Bank of India to Accumulate from Buy; Price Target is INR1,190	MT
May. 11	India's SBI sheds over $11 billion in two sessions on margin squeeze, disappointing earnings	RE
May. 09	State Bank of India announces Annual dividend, payable on June 04, 2026	CI
May. 08	State Bank of India, Q4 2026 Earnings Call, May 08, 2026
May. 08	State Bank of India Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026	CI
May. 08	A lot of noise, little impact?

Chart State Bank of India

Duration

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SBIN: Dynamic Chart

Company Profile

State Bank of India is one of the largest Indian commercial bank. Income breaks down by activity as follows: - retail bank (43.1%); - market bank (30.1%); - business bank (26.8%). At the end of March 2020, the group had INR 36,812.8 billion of current deposits and INR 24,495 billion of current credits. Products and services are marketed through a network of 22,448 branches located primarily in India (22,219). India accounts for 97.3% of income.

Employees

245,131

Sector

Banks

More about the company