State Bank of India has 5 associate banks State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore. State Bank of Saurashtra and State Bank of Indore are merged into SBI. On October 7th, 2013 Arundhati Bhatacharya is appointed as the first lady chairperson for SBI.
| Sl.NO | Name of the Bank | Chairman | Head Office | Year of Commencement |
| 1 | State Bank of India | Arundhati Bhattacharya | Mumbai | 1st July, 1955 |
| 2 | State Bank of Hyderabad | Pratip Chaudhuri | Hyderabad | 8th August, 1941 |
| 3 | State Bank of Mysore | Pratip Chaudhuri | Bangalore | 2nd October, 1913 |
| 4 | State Bank of Patiala | Pratip Chaudhuri | Patiala | 1st April, 1960 |
| 5 | State Bank of Bikaner & Jaipur | Pratip Chaudhuri | Jaipur | 1963 |
| 6 | State Bank of Travancore | Pratip Chaudhuri | Thiruvananthapuram | 12th September, 1945 |
| 7 | State Bank of Saurashtra | Merged into SBI on 13th August, 2013 | ||
| 8 | State Bank of Indore | Merged into SBI on 2010 | ||
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