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Société Générale (SocGen) was established in Paris on May 4, 1864, under the reign of Napoleon III by a group of industrialists and financiers with the express purpose of supporting the development of commerce and industry in France. Its full name, Société Générale pour favoriser le développement du commerce et de l'industrie en France, reflected this core mission. The bank played a decisive role in the French Industrial Revolution, growing its domestic and international network rapidly. It was nationalized in 1945/1946 following post-war legislation, but later underwent privatization in 1987, returning it to private hands. Today, Société Générale S.A. is a French multinational universal bank and financial services company that operates as a Société Anonyme (S.A.), and its shares are publicly traded on the Euronext Paris exchange (GLE), making it a public company.

In the Indian financial system, Société Générale has maintained a presence since establishing a representative office in 1978, with its first full-fledged banking branch opening in Mumbai in 1985. Its significance lies primarily in the wholesale banking space, where it offers expertise in Global Markets, Structured Finance, Trade Finance, and Cash Management to both Indian corporates expanding abroad and global clients entering India. Furthermore, the bank is a key participant in India's development, notably through project finance for the renewable power sector. A major component of its commitment is the wholly-owned Société Générale Global Solution Centre (SGGSC) in India, which serves as a global offshore development centre for the Group's IT and business process management needs. The bank also contributes to India's securities market infrastructure through a joint venture with the State Bank of India (SBI) for custody and fund accounting services.