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State Bank Of India LTC Circular |
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Re: state bank of india ltc circular
State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. Leave travel concession (LTC) is a type of allowance given by an employer to an employee for covering travel expenses when on leave from work. Leave travel concession is tax exempt under the Income Tax Act. As you are looking for State Bank Of India Leave Travel Concession/Home Travel Concession (LTC/HTC) Circular so on your demand I am providing same here : State Bank Of India Leave Travel Concession Home Travel Concession (LTC HTC) Circular Bank profile: Type Public Traded as NSE: SBIN BSE: 500112 LSE: SBID BSE SENSEX Constituent CNX Nifty Constituent Industry Banking, financial services Founded 2 June 1806, Bank of Calcutta 27 January 1921, Imperial Bank of India 1 July 1955, State Bank of India 2 June 1956, nationalization Headquarters Mumbai, Maharashtra, India Area served Worldwide Key people Rajnish Kumar (Chairman) Products Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management, credit cards Revenue ₹298,640.45 crore (US$47 billion) (2017) Operating income ₹50,847.90 crore (US$8.0 billion) (2017) Profit ₹10,484.10 crore (US$1.6 billion) (2017) Total assets ₹2,705,966.30 crore (US$430 billion) (2017) Total equity ₹144,274.65 crore (US$23 billion) (2016) Owner Government of India (61.23%) Number of employees 209,567 (2017) Capital ratio 13.12% (2016) |
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