State Bank of Hyderabad

State Bank of Hyderabad

Company type	Public Sector
Industry	Banking Insurance Capital Markets and allied industries
Founded	Nizam Mir Osman Ali Khan, Hyderabad State Bank Hyderabad, 8 August 1941
Defunct	31 March 2017
Fate	Merged in State Bank of India in 2017
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 in Hyderabad, with 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 an associate bank of the SBI, the largest such. 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]