This article reads like a press release or a news article and may be largely based on routine coverage. Please help improve this article and add independent sources.(November 2022)
Not to be confused with State Bank of Mysore.
SBM Bank India
Company type
Public
Industry
Finance and Insurance
Founded
1st December 2018
Headquarters
Mumbai
,
India
Key people
Sidharth Rath (MD and CEO)[1][2]
Products
Banking
Number of employees
350+
Parent
SBM Holdings Ltd
Website
www.sbmbank.co.in
SBM Bank India is a subsidiary of the State Bank of Mauritius. It was the first bank to receive a banking license from the India's banking regulator Reserve Bank of India (RBI) to establish a universal banking business in the country as a wholly owned subsidiary.[3][4][5] It was incorporated on 1 December 2018 as a private sector bank headquartered in Mumbai.[6][7][8] It also operates from New Delhi, Bengaluru, Chennai, Hyderabad, Ahmedabad, and in the rural centers of Ramachandrapuram and Palghar.[9][10][11][12][13][14][15]
^"Inculcating the art and science of risk management and broader governance culture is critical for startups: Sidharth Rath, CEO, SBM Bank India". ANI News.
^"SBM Bank India appoints Sidharth Rath as managing director & CEO - Times of India". The Times of India.
^Rebello, Joel. "SBM plans calibrated expansion of units in India". The Economic Times.
^"State Bank Of Mauritius To Operate As Local Subsidiary; To Double Branches, Eyes Rs 5000 Cr Biz In Two Years". Moneycontrol.
^"SBM Bank (India) Ltd becomes first foreign bank to set up wholly owned subsidiary in India".
^"SBM Bank India unveils SBM Private Wealth".
^"SBM Bank India inaugurates first-of-its-kind container branch at Maharashtra". www.psuconnect.in.
^"SBM Bank aims to add up to six branches in FY21". @businessline.
^"Mauritius PM inaugurates SBM Bank (India) Ltd in Mumbai". Business Standard India. 25 January 2019.
^"Focusing deposits, State Bank of Mauritius plans major branch expansion". 4 March 2019.
^"SBM Bank (India) Limited: First foreign bank to set up a Wholly Owned Subsidiary (WOS) in India". www.ciol.com.
^"SBM Bank India Wants To Be An Amazon Of Banking". Moneycontrol.
^Sharma, Bhaktvatsal. "SBM Bank (India) Envisions An Expansion Of 16 Branches By The Year 2022". BW Businessworld.
^"Mauritius PM inaugurates SBM Bank (India) Ltd in Mumbai". 25 January 2019 – via Business Standard.
^"Mauritius' SBM gets RBI approval to merge operations with its Indian subsidiary". Press Trust of India. 1 December 2018 – via Business Standard.
SBMBankIndia is a subsidiary of the State Bank of Mauritius. It was the first bank to receive a banking license from the India's banking regulator Reserve...
State Bank of Mauritius (SBM), is a bank in Mauritius that the Bank of Mauritius, the national banking regulator, has licensed as a commercial bank. SBM is...
banks were State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Indore (SBN), State Bank of Mysore (SBM), State Bank...
"State Bank of Mysore - SBM - State Bank of Mysore (SBM) India". "Our Profile". Archived from the original on 5 December 2011. "State Bank of Mysore:...
AU Small Finance Bank Limited is an Indian scheduled commercial small finance bank and India’s largest tech-led small finance bank, based in Jaipur. It...
Look up SBM in Wiktionary, the free dictionary. SBM may stand for: Satellite-based monitoring, transport tracking systems via GPS technologies SBm, a type...
of SBM (Gramin), Ministry of Jal Shakti; PRS. The National Annual Rural Sanitation Survey of India reported that 96.5% of rural households in India had...
National Bank of Kenya NCBA Bank Kenya Paramount Universal Bank Prime Bank (Kenya) SBMBank Kenya Sidian Bank Spire Bank Stanbic Holdings Plc Standard...
service. SBM is targeting the product towards SMEs and MSMEs. It will be available through State Bank of Mauritius touch-points across India which is...
SBM Offshore N.V. (IHC Caland N.V. prior to July 2005) is a Dutch-based global group of companies selling systems and services to the offshore oil and...
of this bank. In 1960, this bank was made an associate bank of the State Bank of India which holds 92.33% of shares of SBM. As of Mar-2007, SBM has 644...
sign a document online using Aadhaar authentication. Swachh Bharat Mission (SBM) Mobile app is being used by people and Government organizations for achieving...
bank was renamed Standard Bank Malawi. In Madagascar, the group is represented by Union Commercial Bank. Standard Bank SARL ("SBM") has a long history and...
2011 census. The main landmarks of this area are Brahmarahbha Choultrey, SBM park, Madhuvana Park. There are several schools in and around this area....
Fina Bank Group, was a financial services organization in East Africa located in Nairobi, Kenya, with subsidiaries in Kenya, Rwanda and Uganda. It was...
nucleus of the later SBM Offshore. Gusto shipyard started production of SBMs in the late 1950s with technical assistance by Shell. SBMs became a very successful...
Rainier III for economic control of the country through his ownership of SBM and its Monte Carlo Casino. In the mid-1950s, he sought to secure an oil...
Bharat Mission (SBM) and featured in a few advertisements to promote the campaign. In 2020, Bachchan was helping the Government of India promote its public...
for civic amenities and infrastructural assets of Mysuru in Karnataka, India. It is the third-largest municipal corporation in Karnataka, serving a population...
(Home Video) / Telefilms] Animation portal India portal History of animation in India History of Disney in India Indian animation industry List of Indian...
form of small rural automatic exchanges (RAXs) and medium size switches as SBMs for towns. This was followed by higher capacity digital switches known as...
Chiang University College of Communication School of Business and Management (SBM) International Islamic University of Malaysia (IIUM) Monash University Malaysia...
26, 2023). "កាន់តែកាច..! ថោនបោះមួយជំហានទៀតជំរុញគុនខ្មែរទៅកាន់ប្រទេសភូមា". SBM (in Khmer). "Dave Leduc draws with Prom Samnang in retirement fight". Asian...
College, Hazaribagh Maa Vindhyavashini College of Education, Hazaribagh S.B.M. T.T. College, Hazaribagh Sri Ram Krishna Sarda Ashram, Teachers Training...
candidates' projected votal shares in each state. EiE-SBM projections predict which candidates will win states. SBM projections predict which candidates will win...
Samarth did his schooling at the Bishop Cotton Boys' School and B'Com at SBM Jain College which comes under the umbrella of Jain University, Bangalore...
Global Information
