# State Bank of India, Mumbai, India, State Bank of India Broadway Branch, New York, NY, State Bank of India Flushing Branch, Flushing, NY, State Bank of India Park Avenue Branch, New York, NY, State Bank of India Chicago Branch, Chicago, IL and State Bank of India Los Angeles Agency, Los Angeles, CA — Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated

For State Bank of India, Mumbai, India, State Bank of India Broadway Branch, New York, NY, State Bank of India Flushing Branch, Flushing, NY, State Bank of India Park Avenue Branch, New York, NY, State Bank of India Chicago Branch, Chicago, IL and State Bank of India Los Angeles Agency, Los Angeles, CA, action is Civil Money Penalty $3,750,000; effective date is 2001-11-13; board document is /boarddocs/press/enforcement/2001/20011114/default.htm; document type is Press Release, verified against its source on 2026-08-11.

- **Banking organisation:** State Bank of India, Mumbai, India, State Bank of India Broadway Branch, New York, NY, State Bank of India Flushing Branch, Flushing, NY, State Bank of India Park Avenue Branch, New York, NY, State Bank of India Chicago Branch, Chicago, IL and State Bank of India Los Angeles Agency, Los Angeles, CA _(verified: appears in the quote below)_
- **Action:** Civil Money Penalty $3,750,000 _(verified: appears in the quote below)_
- **Effective date:** 2001-11-13 _(verified: appears in the quote below)_
- **Board document:** /boarddocs/press/enforcement/2001/20011114/default.htm _(verified: appears in the quote below)_
- **Document type:** Press Release _(verified: appears in the quote below)_

## What the source says

> 2001-11-13,,,,"State Bank of India, Mumbai, India, State Bank of India Broadway Branch, New York, NY, State Bank of India Flushing Branch, Flushing, NY, State Bank of India Park Avenue Branch, New York, NY, State Bank of India Chicago Branch, Chicago, IL and State Bank of India Los Angeles Agency, Los Angeles, CA","Civil Money Penalty $3,750,000",/boarddocs/press/enforcement/2001/20011114/default.htm,Press Release,

## Source

- https://www.federalreserve.gov/supervisionreg/files/enforcementactions.csv

Last verified: 2026-08-11. Review by: 2026-09-01.
Part of [Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated](https://referencesource.org/bank-enforcement-actions/).