Australasian Vaulting Industries & The State Bank Of India Form An Association


AVI Vaults has just entered into an association with The State Bank of India, Sydney.

Both businesses are excited by the opportunity to work together and add value to our respective customers, in Australia and abroad.

The State Bank of India (SBI), with a 200 year history, is the largest commercial bank in India in terms of assets, deposits, profits, branches, customers and employees. The Government of India is the single largest shareholder of this Fortune 500 entity with 61.58% ownership and SBI is ranked 60th in the list of Top 1000 Banks in the world by “The Banker” in July 2012.

The SBI group consists of SBI and five associate banks. The group has an extensive network, with over 20,000 plus branches in India and another 189 offices in 35 countries correspondent relationships with 348 banks across 98 countries across the world. As of 31st March 2012, the group had assets worth USD 359 billion, deposits of USD 278 billion and capital & reserves in excess of USD 20.88 billion. The group commands over 22% share of the domestic Indian banking market.

Australasian Vaulting Industries is proud to be associated with SBI and looks forward to progressing into the future together.

Use the promotional code SBIAVI to access the below offer from The State Bank of India.

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