Affiliates - Affiliates

Registered Address of the Bank - 200 Bay Street, Suite-1600, Royal Bank Plaza, North Tower, Toronto, Ontario, Canada, M5J 2J2

Date of Incorporation and date of commencement of commercial operations- June 30, 1982

Shareholders' pattern as on 31.03.2013: A wholly-owned subsidiary of SBI

Brief Historical Background: SBICAN started its journey with opening of a representative office at Toronto in 1977. The Bank was incorporated as a Schedule II Canadian Bank in 1982 and the first branch office was opened at Toronto (Province: Ontario).

SBICAN is a member of Canadian Deposit Insurance Corporation (CDIC)

Principal Banking activities in brief (Products & Services offered):

The Bank offers variety of products and services to its customers. The products range from Personal Banking, Commercial &Corporate Banking, Trade & Treasury and Remittances.

Personal Banking:

Liability products: The Bank offers both registered and non-registered products like Savings Account, Checking Account, Current Account, Guaranteed Investment Certificates, and Tax free Savings Account & Registered Retirement Savings Plan.

Asset Products: The Bank offers Residential Mortgages, Home Equity Line of credit, Personal loans and Loans against GICs.

Business Banking:

Liability products: The Bank offers Business Super Saving Account, Checking / Current Account & Guaranteed Investment Certificates for corporates.

Asset Products: The Bank offers business line of credit (revolving) for inventory financing, line against outstanding receivables and term loans for financing of fixed assets. The Bank also offers commercial mortgages against revenue generating properties and owner occupied properties.

In trade finance, the Bank is engaged in collection of export / import bills, handling Letters of Credit and issue of Bank guarantee & Stand by Letter of Credit. The bank also offers remittance / money transfer facilities, both through its Branch banking network and also internet banking channel.

No. of Branches/ Sub offices/ ATMs-

The Bank operates through its 7 branches. Four of these Branches are situated in Greater Toronto Area and three are situated in British Colombia. The branches in Greater Toronto Area are located at Downtown, Toronto, Mississauga, Scarborough and Brampton. The branches in British Colombia are located at Vancouver, Abbotsford and Surrey. The bank has seven onsite ATMs.

Highlights of Financial Performance for the last 3 years

USD MIO

Brief on Corporate Governance

The Bank recognizes that sound Corporate Governance is a critical component for safe and effective operations of the Bank. SBI (Canada) and its Board of Directors are committed to maintain high standards of corporate governance which comply with regulatory standards and promotes the highest standards of ethical behavior and risk management in the organization.

The governance structure at SBI (Canada) is developed to ensure the independence of Board of Directors and its ability to supervise management's operation of the bank.

Contact Details :

Mr. Sunil K. Tandon, President & Chief Executive Officer

Ms. PremalathaSarath, Chief Operating Officer

Address, Telephone, Fax, : Suite 1600, 200 Bay Street ,
RBC Plaza, North Tower,
Toronto, ON,
M5J2J2, Tel: (416)865-0414 Fax: (416)865-1735,
Swift- SBINCATX

Registered Address of the Bank: 707 Wilshire Blvd., Suite 2900, Los Angeles, California 90017, USA

Date of incorporation and date of commencement of commercial operations:

Incorporated - 1982. Date of commencement of commercial operations, September 3, 1982

Shareholders' pattern as on 31.03.2018

The State Bank of India (California) is a Wholly-owned Subsidiary of the State Bank of India

Brief Historical Background

State Bank of India (California) is a wholly-owned subsidiary of the State Bank of India. State Bank of India (California) is a licensed and state chartered community bank with seven branches throughout California. The Bank's corporate office is located in Downtown Los Angeles.

Principal Banking activities in brief (Products & Services offered)

With Seven full service branches, the Bank caters to the Banking needs of the community, ethnic and non-ethnic alike, through various deposit and loan products. The Bank specializes in business lending particularly in real estate loans, commercial & industrial loans, term loans, SBA loans and trade finance, including export and import bills and collections. SBICAL takes pride in providing a state-of-the-art remittance facility to its customers.

Highlights of Financial Performance for the last 3 years

USD MIO

No. of Branches/ Sub offices/ ATMs: Seven branches

Brief on Corporate Governance – The Bank is regulated by the State of California Department of Banking Operations and the Federal Deposit Insurance Corporation. The Bank is overseen by a Board of Directors comprising directors nominated by parent bank as well as local independent directors.

Contact Details :

Contact Persons:

Mr Rama Mohan Rao Amara, President & CEO
Mr Jay Patel COO

Address:707 Wilshire Blvd., 2900, Los Angeles, California 90017, USA
Tel.: 213/225-5700, FAX: 213/623-3966 SWIFT: SBCAUS6L
Website: www.sbical.com

Registered Address of the Bank: 7th Floor, SBI Tower Mindspace, 45, Ebene Cybercity

Date of Incorporation and date of commencement of commercial operations :12th October, 1989

Shareholders' pattern as on 31.03.2018

Brief Historical Background

SBIML is a public company incorporated in Mauritius as a subsidiary of State Bank of India. SBIML was originally incorporated in 1989 as State Bank International Ltd., a joint venture between SBI and State Bank of Mauritius Ltd. (SBM), with equity participation by State Investment Corporation. The name was changed to SBI International (Mauritius) Ltd. (SBIIML) after SBM sold its entire stake to State Bank of India. Indian Ocean International Bank Ltd. (IOIB), a local Bank, was established in 1978 and was active in the domestic sector in Mauritius with 11 fully-integrated branches across the major cities and towns. In April 2005, SBI acquired 51% stake of Indian Ocean International Bank Ltd. (IOIB). Three years later, both the subsidiaries (IOIB and SBIIML) of SBI in Mauritius were merged to form SBIML on 25th October, 2008.

Principal Banking activities in brief (Products & Services offered)

SBIML operates in both retail and global banking. The principal banking activities include:

Deposits in local and foreign currencies (US Dollar, Pound Sterling, Euro and also other currencies).

• Corporate Loans (including SME and large corporate), Syndicated loans, Bilateral
• loans, Trade credit / Finance, Overdrafts and Import loans as well as offshore sector.
• Retail loan viz: - Housing, Car, Personal, Educational and SBI Smart Credit
• Non-Fund based business: Letter of Credit (LC), Bank Guarantee (BG) and Bills discounting.
• International remittances, Treasury products.
• ATM services, Debit cards, Internet Banking and SMS Alert facility,
• Safe Deposits Lockers and Bancassurance.

No. of Branches/ Sub offices/ ATMs

• 13 branches (14 Retail & one Global Business Branch)
• 20 ATMs (including 5 offsite ATMs)

Brief on Corporate Governance

SBIML is fully committed to the observance and adoption of the highest standards and the best practices as far as good

Corporate Governance is concerned, in letter and in spirit. In that regard, the Bank has complied with the code of Corporate

Governance for Mauritius and the Guideline on Corporate Governance issued by the Bank of Mauritius, the local regulator.

Highlights of Financial Performance for the last 3 years (USD mio)

Contact Details :

Mr.S.S.Asthana
Managing Director & Chief Executive Officer
Tel: (230) 404 4974 Fax: (230) 454 6890

Mr.Mukesh Arya
Chief Operating Officer
Tel: (230) 404 4975,Fax: (230) 454 6890
SWIFT:INILMUMU

Registered Address of the Bank: Nepal SBI Bank Limited ,Corporate Office,Hattisar, Kathmandu, Nepal

Date of Incorporation and date of commencement of commercial operations:

Incorporated on April 28, 1993 .The Bank commenced operation with effect from 7th July,1993.

Shareholders' pattern as on 31.03.2013:

Nepal SBI Bank Ltd. is a subsidiary of State Bank of India which has 55.28% of ownership and rest is held by a local partner viz. Employee Provident Fund (15.08%) and General public (29.64%).

Brief Historical Background:

Nepal SBI Bank Ltd. (NSBL) is the first Indo-Nepal joint venture in the financial sector sponsored by three institutional promoters, namely State Bank of India, Employees Provident Fund and Agricultural Development Bank of Nepal through a Memorandum of Understanding signed on 17th July,1992.

Nepal SBI Bank Ltd. (NSBL) commenced operation with effect from 7th July, 1993 with one full-fledged office at Durbar Marg, Kathmandu with 18 staff members. At present the Bankhas 538 Nepalese employees working in 56 branches, 6 extension counters, 3 Regional Offices & the Corporate Office.

Principal Banking activities in brief (Products & Services offered):

Deposits : Savings Accounts ,Current Accounts , Fixed Deposit Accounts

Loans & Advances : Corporate and Business Loans& Retail Loans

Remittances, Drafts and SWIFT

Auxiliary Services : Internet Banking, ATM

No. of Branches/ Sub offices/ ATMs:56 branches, 6 extension counters, 75 ATMs

Brief on Corporate Governance:

The Board of directors (BODs) is the apex decision making body and has ultimate responsibility for governance.The Board has delegated the responsibility of Business operations and day-to-day management of the bank to the Managing Director. The Managing Director cum Chief Executive Officer chairs the Central Management Committee, which supports him in this role. The Chief Operating Officer, Chief Financial Officer, Chief Credit Officer and Chief Risk Officer are the permanent members of CENMAC. The Bank has all the mandatory risk structures, viz. Integrated Risk Management Deptt., Market Risk Management Committee, the Credit Risk Management Committee, the Operational Risk Management Committee, NPA Management Committee and Asset and Liability Management Committee

Highlights of Financial Performance for the last 3 years

USD MIO

Contact Details : -

Contact Person: Mr. Alok Kumar Sharma
Designation: Managing Director
Contact Person: Mr. V.K. Tyagi
Designation: Chief Operating Officer

Tel.: 00977-1-4435516
FAX: 00977-1-4435612
SWIFT: NSBINPKA

Registered Address of the Bank: Plot 50370, Gaborone, Botswana

Date of Incorporation and date of commencement of commercial operations:

Incorporated on 27th January 2006 and Commenced Business on 26th November 2013

Shareholders' pattern as on 31.03.2013: 100% owned by SBI

Principal Banking activities in brief (Products & Services offered)

Commercial banking

No. of Branches: One branch at Gaborone

Brief on Corporate Governance: Governed by the Board of Directors.

Contact Person & Details: Mr. Pramod Pal, Managing Director

Address: 2ND floor, Exponential, Plot no. 54351,
CBD, PO Box 505243, Gaborone Station PO,
Gaborone, Botswana.

Tel.: 0267-3919775, 3919778
FAX: 00267-3919858
SWIFT: SBINBWGX

Registered Address of the Bank PT BANK SBI INDONESIA 11th& 15th FLOOR, GRAHA MANDIRI JI. IMAM BONJOL, NO 61 JAKARTA PUSAT- 10310 INDONESIA

Date of Incorporation and date of commencement of commercial operation's Bank's Permit as Commercial Bank given by Bank Indonesia vide their letter No 23/11 1/UPPS/PSbD dated 07th May, 1990. Establishment license of Limited Liability given by Minister of Justice of the Republic of Indonesia dated 09th September, 1989 with no. C2-8505.HT.01.04.TH.89

Shareholders' pattern as on 31.03.2019

STATE BANK OF INDIA 99%
PT RAVINDO JAYA 1%

Brief Historical Background

The bank was initially established as a Pasar Bank in the year 1970 and was known as Bank PasarGunungTampomas Jaya. In 1986, Bank Pasar Gunung Tampomas Jaya was taken over by PT Ravindo Jaya Group and Mr. Ishwar T Daryanani. The Pasar Bank was converted into Commercial Bank in the year 1990 and the name was changed to PT Bank IndoMonex. On December 14, 2006, State Bank of India acquired 76% stake in the Bank and took over the management control in June 2007. In 2009 the name of the bank was changed to PT Bank SBI Indonesia to reflect the new ownership of SBI. On 27th August, 2013, State Bank of India has acquired another 23% stake and increased its stake to 99%.

Principal Banking activities in brief (Products & Services offered)

• Bank SBII is a full fledgedforex licensed bank, undertaking complete range of banking activities with a focus on the mid sized corporate and SME customers.
• Bank SBII is an important source for handling remittances by expats/ Indonesian Importers to all banks in India.
• Bank SBII provides all trade-related facilities for bilateral trade between India and Indonesia. Bank SBII facilitates Indonesia exporters for negotiation/ discount of export bills under LCs of India banks. Similarly, importers can establish LCs for imports from India.

Deposits Products: Current Account, Saving Bank, Recurring Deposits, Term Deposits

Corporate/SME Loans: Working Capital Finance, Term Loans, Trade Finance

Miscellaneous Services: ATM Cards interoperable in 36000 ATMs, RINB, CINB, Phone Banking, Safe Deposit Box – Locker facilities

No. of Branches/ Sub offices/ ATMs: No. of Branches 7, No. of Sub-branches 3, ATMs 10, Cash Points (Extension Counters) 1

Brief on Corporate Governance

Bank SBI Indonesia has been carrying out its business activities based on the five principles of Good Corporate Governance (GCG) i.e.: Transparency, Accountability, Responsibilities, Independency and Fairness. In order to apply the five basic principles mentioned above, Bank SBI Indonesia has always been guided by various regulations , requirements and guidelines related to the implementation of GCG.

Highlights of Financial Performance for the last 3 years

USD MIO

Contact Details :

Contact details of our key officials at our Head Office are as below:-

Contact Person: Mr. Naresh Kumar Sharma
Designation: President Director

Address:

PT BANK SBI INDONESIA, 11th & 15th FLOOR, GRAHA MANDIRI, JI IMAM
BONJOL, NO61, JAKARTA PUSAT- 10310, INDONESIA
FAX: 00977-1-4435612

Tel.: +62 21 39838747
FAX: +62 21 39838750
SWIFT: SBIDIDJA

Registered Address of the Bank: Bank of Bhutan Ltd, PB No. 102, Babesa, Thimphu, Bhutan

Date of incorporation & date of commencement of commercial operations: 28th May, 1968

Shareholders' pattern as on 31.03.2013: Druk Holding & Investment 80% & SBI 20%.

Brief Historical Background: Bank of Bhutan Ltd. was incorporated by Royal Charter, 1968 and is now incorporated under the Companies Act of Kingdom of Bhutan 2000 and the Financial Services Act of Kingdom of Bhutan, 2011. Bank of Bhutan was established as the public sector commercial bank and until the establishment of the Royal Monetary Authority of Bhutan; it rendered the functions of the Central Bank in Bhutan.

BOB was reconstituted under the Royal Charter of Bank of Bhutan (1972) with Royal Govt. of Bhutan & State Bank of India being the shareholders of Bank of Bhutan with a shareholding ratio of 60:40.The SBI share in Bank of Bhutan was reduced to 25 percent in 1982 and then further to 20 percent in 1987. The present shareholding of BOBL is between Druk Holding & Investments and State Bank of India at 80:20.

Principal Banking activities in brief (Products & Services offered)

Personal Banking: Savings Deposit, Current Deposit, Fixed Deposit

Loans : Agriculture Loans, Consumer Loans, Housing Loans, Education Loans, Vehicle Loans, Mortgage Loans, Letter of Credit, Export Packaging Credit , Bank Guarantee.

Services: Internet banking, SMS Banking, B-Wallet, Debit and Credit cards,Remittances,Foreign Exchange, Contact Center.

No. of Branches/ Sub offices/ ATMs: 28 Branches, 12 Extension Counters & 61 ATMs.

Brief on Corporate Governance

Since its inception, the BoBL was managed by the Managing Director and senior officials on deputation from the State Bank of India (SBI). Therefore, the Corporate Governance was having direct link with the SBI and Reserve Bank of India (RBI). With the establishment of the Royal Monetary Authority of Bhutan (RMA) in 1982 , the Corporate Governance of BoBL was brought under the purview of the RMA. The Corporate Governance structure has further strengthened with the promulgation of the Companies Act of Bhutan in 1990 and subsequently amended in 2000 and the Financial Institution Act of Kingdom of Bhutan in 1992. The Druk Holding & Investments (DHI) have come into existence as a 100% holding company of Royal Govt. of Bhutan. Royal Govt. of Bhutan had transferred its entire shareholding in BoBL to DHI. Accordingly, the present shareholding structure of BoBL has changed with DHI & SBI holding 80% & 20% respectively. With DHI, a professional body, becoming the majority shareholder of BoBL, the Corporate Governance structure of BoBL has been strengthened further.

Contact Details :

Address: Bank of Bhutan Limited, Post Box No. 102, Babesa, Thimphu, Bhutan
Tel.: PABX: (+975-5): 02-334333
Fax: (+975-5): 02-334296, 337271
SWIFT:BHUBBTBT
 

Contact Person: Mr. Pema Nadik
Designation: Chief Executive Officer

Contact Person: Nipun Bhati
Designation: Chief Financial Officer

Registered Address of the Bank : Ul, Marksistskaya, 16, Moscow-109147, Russia.

Date of Incorporation : 29.12.2003 Date of Commercial operations : 02.02.2004

Shareholders' pattern as on 31.03.2013 : State Bank of India : 60.00% Canara Bank : 40.00%

Brief Historical Background: State Bank of India opened its Representative Office in 1976 and Canara Bank opened its office in 1995. In the year 2003, both the Banks decided to form the Joint Venture namely Commercial Bank of India LLC mainly to promote Indo-Russian bilateral trade. CIBL started its operations in February 2004. CIBL holds license only for Corporate Banking and does not have a Retail Banking license.

No. of Branches/ Sub offices/ ATMs: One Branch

Brief on Corporate Governance: CIBL is governed by its Board of Directors with Director Representatives from SBI and Canara Bank. Supervision of day to day Banking activities at Moscow is being done by the Management.

Highlights of Financial Performance for the last 3 years

USD Mio

Contact Details :

Contact Person: Mr Suneet Kumar Mathur
Designation: President
Tel: +7-495-735-4032

Contact Person: Mr K.Baskaran
Designation: Deputy President
Tel: +7-495-735-4335 (Extn. 107)
SWIFT: CODLRUMM

In times of rising health care costs, a sudden illness or injury can leave you financially devastated and highly stressed. With SBI General's Health Insurance Policy – Retail, you can be in control by making medical treatment expenses more manageable, thus ensuring quality health & happiness of your family. Our Health policy has a range of coverage from Rs.50,000 up to Rs.500,000, No medical test up to the age of 45 for people with no medical history. It also has Family Floater option for giving comprehensive protection to your family members under one single Policy. The premium paid is exempt from Income Tax under Sec 80 D of Income Tax act.

•  To know more about the policy benefits, coverage, plan options and exclusions click here

SBI General's Critical Illness Insurance Policy covers you against thirteen most critical illnesses. The Policy provides for a fixed sum, irrespective of your actual medical expenses! It helps you bear the high cost of treatment associated with critical illness & stay financially stable. You can buy Sum Insured Up to Rs.50,00,000 and upto maximum age of 65 years with a policy term of either 1 year or 3 years. The premium paid is exempt from Income Tax under Sec 80 D of Income Tax act.

•  To know more about the policy benefits, coverage, plan options and exclusions click here

Sometimes your traditional Health Insurance Policy may not cover all the expenses related to the illness/ injury. With SBI General's Hospital Daily Cash Insurance Policy you can be in control of situations like this. The Policy provides you with fixed benefit for each day of hospitalization irrespective of the actual medical cost. Thus, provides you with additional protection & takes care of additional expenses which are not covered under your Health Insurance Policy such as travelling, food etc. The policy provides daily cash benefit for per day of hospitalisation and fixed benefit of up to Rs.5000 to take care of you while you recover from your illness. You can choose for coverage of max.30 days or 60 days per policy year. The premium paid is exempt from Income Tax under Sec 80 D of Income Tax act.

•  To know more about the policy benefits, coverage, plan options and exclusions click here

Loan Repayment can become a task if you suffer from health issues or face a Job loss. At SBI General we make things easy for you by providing a unique policy - Loan Insurance Policy, packaged to take care of you during the tough times. Policy can be availed for maximum of three years and covers you against for 13 critical illnesses, accidental death or permanent disablement and loss of job.

No medical check-up is required up to Sum Insured of Rs.1 Crore and/or age up to 55 years for individuals without any medical history.

•  To know more about the policy benefits, coverage, plan options and exclusions click here

SBI General's Travel Insurance (Business and Holiday) provides comprehensive cover for you and your family while you are globetrotting. It covers you against medical and other financial emergencies during your trip abroad and restores your peace whilst travelling. The policy provides for Medical cover upto USD 0.5 million without any medical examination. It gives you comprehensive coverage, worldwide protection & round the clock assistance. We promise you a fair, transparent & quick cashless claim settlement to take care of you wherever you go!

•  To know more about the policy benefits, coverage, plan options and exclusions click here

Life has the knack of springing unpleasant surprises like accidents and causing financial hardships. You can take on the challenges life throws at you and secure your family's future with SBI General's Individual Personal Accident Insurance Policy. This Policy is designed to cover Loss of Life, Disabilities and Income due to an Accident.

Our Permanent Total Disability (PTD) benefit comes with add-ons like Education Benefit & Adaptation Allowance at no additional cost. Additionally you can avail Hospital Confinement Allowance and Ambulance charges as an add-on benefit to you policy.

•  To know more about the policy benefits, coverage, plan options and exclusions click here

At SBI General, we make things easy for you to protect your dream home. With SBI General's Long Term Home Insurance Policy, you can truly enjoy the home you have just acquired. You can buy the Policy up to a period of 30years. It covers you against, the losses to the structure of the house due to any natural and man-made calamities. On additional payment, coverage against Terrorism can be opted.

•  To know more about the policy benefits, coverage, plan options and exclusions click here

Your car insurance policy is the most important document in your vehicle. With SBI General's Private Car Package Policy, you be in control no matter what little road blocks that life throws at you, like accidents and thefts. This Policy is designed to cover the compulsory Third Party Liability as required by Motor Vehicles Act, together with loss or damage to the vehicle itself. The Policy also provides cover for Personal Accident, and the add on covers include Depreciation Reimbursement, Protection of NCB, Return to Invoice, Cover for Key Replacement, Engine Guard, Cover for consumables, Road Side Assistance, and Loss of Personal Belongings.

•  To know more about the policy benefits, coverage, plan options and exclusions click here

SBI General's comprehensive two wheeler insurance policy provides hassle-free protection to your bike or scooter against physical damage, theft and third party liability.

•  To know more about the policy benefits, coverage, plan options and exclusions click here

SBI Capital Markets Ltd (SBICAP)

SBI Capital Markets Ltd. (SBICAP) is India's largest domestic Investment Bank, offering the entire gamut of investment banking and corporate advisory services. These services encompass Project Advisory and Loan Syndication, Structured Debt Placement, Capital Markets, Mergers & Acquisitions, Private Equity and Stressed Assets Resolution.

Founded in August 1986, SBICAP is a wholly owned subsidiary and the Investment Banking arm of State Bank of India (SBI), the largest commercial bank in India.

We are a complete solutions provider offering diversified financial advisory and investment banking services, innovative ideas and unparalleled execution to our client base across all stages of the business cycle. Our services range from venture capital advisory, project advisory, buy and sell-side advisory, accessing financial markets to raise capital and even restructuring advisory in their turn-around phases.

SBICAP is the sole Indian member of M&A International. M&A International Inc. offers the unparalleled resources of over 600 professionals in 46 M&A advisory and investment banking firms operating in 40 countries. Over the past 5 years, M&A International members have closed more than 1300 transactions of over USD 75 billion in transaction value.

Headquartered in Mumbai, SBICAP has offices in all the major business hubs in India and has five subsidiaries -

• SBICAP Securities Ltd.
• SBICAP Trustee Co. Ltd.
• SBICAP (UK) Ltd.
• SBICAP (Singapore) Ltd.
• SBICAP Ventures Ltd

•  For more information visit sbicaps.com

SBI Funds Management Pvt Ltd (SBI FUNDS)

With 25 years of rich experience in fund management, we at SBI Funds Management Pvt. Ltd. bring forward our expertise by consistently delivering value to our investors. We have a strong and proud lineage that traces back to the State Bank of India (SBI) - India's largest bank. We are a Joint Venture between SBI and AMUNDI (France), one of the world's leading fund management companies.

With our network of over 222 points of acceptance across India, we deliver value and nurture the trust of our vast and varied family of investors.

Excellence has no substitute. And to ensure excellence right from the first stage of product development to the post-investment stage, we are ably guided by our philosophy of ‘growth through innovation' and our stable investment policies. This dedication is what helps our customers achieve their financial objectives.

Our Services

Investors are our priority. Our mission has been to establish Mutual Funds as a viable investment option to the masses in the country. Working towards it, we developed innovative, need-specific products and educated the investors about the added benefits of investing in capital markets via Mutual Funds.

Today, we have been actively managing our investor's assets not only through our investment expertise in domestic mutual funds, but also offshore funds and portfolio management advisory services for institutional investors.

This makes us one of the largest investment management firms in India, managing investment mandates of over 5.4 million investors.

Portfolio Management and Advisory Services

SBI Funds Management has emerged as one of the largest player in India advising various financial institutions, pension funds, and local and international asset management companies.

We have excelled by understanding our investor's requirements and terms of risk / return expectations, based on which we suggest customized asset portfolio recommendations. We also provide an integrated end-to-end customized asset management solution for institutions in terms of advisory service, discretionary and non-discretionary portfolio management services.

Offshore Funds

SBI Funds Management has been successfully managing and advising India's dedicated offshore funds since 1988. SBI Funds Management was the 1st bank sponsored asset management company fund to launch an offshore fund called 'SBI Resurgent India Opportunities Fund' with an objective to provide our investors with opportunities for long-term growth in capital, through well-researched investments in a diversified basket of stocks of Indian Companies.

FUND HOUSE EXPERTISE

Investment Expertise

The best investment strategies put together by the best minds, our Fund Managers. With a sharp eye to monitor, gauge and understand the changes in the market, our fund managers and analysts gear up to meet new challenging environments. Their ability to capture the growth potential of Indian securities and manage complex portfolios as well as the drive to deliver optimum results is their forte. With superior securities selection, incisive research, intensive coverage including internal forecasts, active monitoring and regular tracking, our dedicated team ensures minimization of risks while protecting our investor's interest. Always.

Investment Philosophy

Our expert team of experienced and market savvy researchers prepare comprehensive analytical and informative reports on diverse sectors and identify stocks that promise high performance in the future.

What is innovation? Innovation is the process of turning ideas into concrete plans for progressive growth. We always seek to provide our investors with opportunities for progressive growth through our innovative products, superior stock selection and active portfolio management. Accordingly, we also enhance and optimize asset allocation and stock selection based on internal and external research. Derivatives are used to hedge and rebalance portfolios to keep the risk factors at reasonable levels, The three main phrases, which act as a guiding force for the investment performance, are as follows:

Long-term capital appreciation for the investor: Our fund manager's view is not guided by any momentum play but by the objective of generating sustainable performance for the investor. Superior stock selection: Our team is encouraged to be ahead of the rest of the industry in terms of identifying new ideas & opportunities.

Active fund management: While the performance of all the funds is benchmarked against a specific index, we do not encourage our investment team to replicate the index composition with the fund portfolio.

•  For more information visit www.sbimf.com

SBI DFHI Ltd (SBI DFHI)

We are Primary Dealers- an institution created by RBI to support the book building process in Primary Auctions of Government securities and provide necessary depth and liquidity to the Secondary market in Government Securities.

SBI DFHI LTD is a State Bank of India Group Company with impeccable lineage, created out of the merger in 2004 of the two leading players in the domestic Money and Debt Markets, the RBI promoted Discount & Finance House of India (DFHI) and SBI Gilts Ltd, a subsidiary of India's largest commercial bank. It is a market leader in the Primary Dealer segment of the domestic debt market, with a Net Worth of Rs. 936crores (as on 31st March 2014) and a presence in all major financial centers of the country. It posted an impressive total turnover of Rs. 4,08,087 crores in Government Securities/SDL and Rs. 56,858 crores in Treasury Bills respectively for the financial year 2012-13.

As Primary Dealers, we trade in Fixed Income Securities (Treasury Bills, Government securities, State Development Loans, Non SLR Bonds, Corporate Bonds) and Short Term Money Market instruments (Certificates of Deposit, Commercial Paper, Inter- Corporate Deposits, Call & Notice Money Deposits). We are active in retailing of Government Securities, including small lots, and are the distributors of Mutual Fund products of all leading funds. We also actively participate in the domestic interest rate derivatives and equities/equity futures markets.

The Company is led by a team of experienced professionals, backed by strong research capabilities and driven by core-values. The affairs of the Company are managed by the MD & CEO, an official of the rank of a Chief General Manager in SBI, under the overall supervision and guidance of a Board of Directors chaired by the Chairman of SBI and comprising of reputed market professionals and academicians of eminence.

•  For more information, please visit www.sbidfhi.com

SBI Global Factors Ltd. (SBIGFL)

SBI Global Factors Limited (SBIGFL) is the only provider of international factoring, domestic factoring and for faiting services under one roof in India. SBIGFL has established itself as a market leader in international factoring providing value added services to its clients.

SBIGFL is headquartered in Mumbai with six regional offices - one each in New Delhi, Bangalore, Chennai, Hyderabad, Ahmedabad and Kolkata. SBIGFL aims to be the premier export and import solution provider in India offering professional quality services on an e-commerce platform.

SBI Global Factors Limited (SBIGFL) formerly Global Trade Finance Ltd was promoted as a joint venture by Export Import Bank of India (Exim Bank), West LB, Germany; and International Finance Corporation (‘IFC), Washington (the private sector arm of World Bank).

SBIGFL is a member of Factors Chain International (FCI), a global association of international factoring companies Established in 1968, FCI has played a major role in bringing factoring into most countries and today has a membership of 247 factoring companies operating in 66 countries.

International trade, on the basis of LC's is gradually declining. "Open Account" and "Extended Credit" is becoming a pre-requisite for increasing sales volume in global market. SBIGFL helps this need with its export factoring product that provides credit assessment, credit protection, financing, and collection services to exporters for regular sales on open account terms.

SBIGFL uses a high end customized IT platform to process and deliver its services. With a short turn around time in approval of facilities. SBIGFL is the only factoring company in India to offer online web access to its clients for accessing their accounts. SBIGFL's "Client Access" module is custom made to suit its business profile and caters to client requirements.

•  For more information visit www.sbiglobal.in

SBI Cards Payments Services Pvt. Ltd. (SBICPSL)

A Leading Issuer of Credit Cards in India SBI Cards is a joint venture between State Bank of India, the country's oldest and largest bank, and GE Capital to offer Indian consumers access to a wide range of world-class, value-added payment products and services.

The partnership is operated through 2 joint-venture companies - SBI Cards & Payment Services Pvt. Ltd., which focuses on the marketing and distribution of SBI Cards and GE Capital Business Processes Management Services Pvt. Ltd., which handles the technology and processing needs of SBI Cards.

With a current customer base of over 2.7 million, SBI Cards operates through a footprint of 63 cities in India (not including the reach of their remittances, delivery and collections infrastructure).

Our Brand Promise - Make Life Simple The SBI Card Brand is based on the value proposition of 'Make Life Simple'. The proposition stands testimony to SBI Cards' continuous efforts of simplifying the lives of their customers, employees and other important stakeholders which impact business in multiple ways. SBI Cards' innovative products and services along with their responsible corporate citizenship practices form the framework of delivering on this promise, time and again.

Making Life Simple for Customers Customer centricity is core to SBI Cards' scale of operations. Many pro-customer initiatives support this belief. SBI Cards is among the players with the lowest customer complaints received from the Banking Ombudsman, bearing testimony to their continuous efforts to 'Make Life Simple' for their customers.

Some of the important benefits that SBI Cards offers its cardholders -

• A wide range of credit cards catering to the needs of diverse customer segments. This includes Premium cards, Travel and Shopping cards, Classic cards, Exclusive co-branded cards as well as Corporate cards.
• 14 payment options - The only Company in India to offer 14 different modes of payment to SBI Cardholders. This includes SBI Account holders who can direct their remittances through Onlinesbi.com; National Electronic Fund Transfer (NEFT) and Over The Counter (OTC) (at SBI Branches).
• One of the first few companies to have migrated to the Europay, MasterCard and Visa (EMV) platform. SBI Cards uses this cutting-edge technology for its wide spectrum of Credit Cards.
• Comprehensive real-time SMS alerts system with more than 60 types of useful and critical alerts for cardholders.
• sbicard.com allows cardholders to discover the power of convenience & manage their SBI Card account 24*7.
• A cutting-edge IVR (Interactive Voice Response) system, which is truly customer-friendly and has a host of services for the customers.
• The SMS channel for grievance redressal wherein cardholders can simply SMS the word "Problem" to < 9212500888> and get their concerns addressed.
• Simply SMS-Get your account information, instantly, with just an SMS.
• The SBI Corporate Card Program empowers employees with global acceptance and attractive usage benefits to meet their corporate expenses.
• The brand SBI Card is also highly active on Twitter & Facebook, the Social Media Channel thus enabling a 360 degree approach to reach out to customers & in turn giving them various ways to contact us.

An Extensive Products Basket SBI Cards offers a wide range of credit cards catering to the needs of diverse customer segments.

SBI Signature Card One Signature Many Privileges with the New SBI Signature Card. SBI Signature cardholders experience unmatched privileges & offers customized for their lifestyle. The SBI Signature Cardholders get 2 free movie tickets every month, earn Bonus Reward Points at various Spend Milestones, 5X Rewards Points on Dining, International spends, Departmental & Grocery Stores. Also, the Reward Points on this Card are Cash Points wherein these can be redeemed against the outstanding. The list of other features and privileges for the SBI Signature Card are truly matchless.

SBI Platinum Card The SBI Platinum Card comes with the promise of True Travel, True Lifestyle, True Simplicity and True Value. SBI Platinum Cardholders are welcomed with a Super Store Gift Voucher on joining, spend bonus as they achieve various Spend Milestones, 5X Rewards Points on Dining, International spends, Departmental & Grocery Stores. Also, the Reward Points on this Card are Cash Points wherein these can be redeemed against the outstanding.

SBI Gold & More Card The SBI Gold & More Card brings unmatched value to our cardholders. This Card is meant for the Smart Shopper and provides 2.5% Value back on all Grocery & Departmental Store spends along with Fuel Surcharge Waiver across all petrol pumps.

SBI Advantage Plus Card This Card is a first-of-its-kind in the industry, which provides consumers without a financial / credit history, the opportunity to own a credit card. Also, it helps them develop a habit of savings and create wealth for self.

Co-Branded Credit Cards

AI SBI Card The new Air India SBI Credit Card provides best-in-class travel experiences and benefits to business and leisure travelers along with amazing exclusive rewards.

Whether the cardholder is planning a business trip, a family holiday or simply shopping, the Air India SBI Card offers an ensemble of unique rewards and privileges.

The Air India SBI Signature Card comes with a joining gift of 20,000 Reward points. In addition to the joining gift, the new Air India SBI Signature Card offers 4 Reward points for retail spends of every Rs. 100 and 20 Reward points for every Rs. 100 spent on the Air India website and booking offices for purchase of air tickets. This card has been designed to ensure that travelers are able to benefit from the destination network offered by Air India and exceptional services offered by SBI Card.

SBI Railway Card The SBI Railway Card is the only loyalty-cum-credit travel card in association with the IRCTC, one of Asia's largest e-commerce travel portal. The cardholder's get up to 10% value back on railway bookings and also get offers on retail spends. The redemption option is very convenient, as the Cardholder can redeem points online against free tickets booked on the IRCTC website.

SBI SpiceJet Card SpiceJet is India's most preferred budget airline. The SBI SpiceJet Card is the only Credit Card programme with a low cost carrier, offering instant cash backs to customers along with a host of never before benefits on economy airlines.

Tata Cards Tata Cards combine the convenience of a powerful Credit Card with a rewarding membership to the Empower program. The Credit Card allows customers to earn points and the Empower program, India's first multi-brand loyalty program, offers them the advantage of redeeming these points across several loyalty partners. such as Croma, Taj, Ginger, Titan, Star Bazaar, Tata Motors etc. The Card offers up to 5% value back at major Tata outlets with hassle-free instant redemption at point of sale.

SBI Maruti Card The SBI MarutiCard, is a loyalty-cum-credit card programme, offering cardholders 4% value back on all spends at Maruti and a host of other benefits on the Maruti network. The cardholders can redeem all points instantly at Maruti Dealerships for car servicing, repair and purchase of accessories.

Bank Co-brands SBI Cards has co-brands partnerships with major banks like Oriental Bank of Commerce, KarurVyasaya Bank & Bank of Maharashtra. The bank partnerships provide access to relevant customers across all locations. The Cards extend both in secured and un-secured formats offering both Platinum and Gold variants.

•  For more information visit http://www.sbicard.com
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SBI Pension Funds Pvt Ltd (SBIPFPL)

SBIPFPL is one of the 3 Pension Fund Managers appointed by Pension Fund Regulatory and Development Authority (PFRDA) in India to manage the pension corpus of employees enrolled under the New Pension System for Government Employees.

SBIPFPL has also been appointed as Pension Fund Manager along with others Pension Fund Managersto manage the pension corpus under the National Pension Scheme.

SBI Pension Funds Pvt. Ltd., as a subsidiary of SBI, inherits all the strengths of SBI. Depositors have trusted SBI with their funds for over 200 years.

During the year the Company was adjudged "Pension Fund of the year" for excellence in performance and customer service (to subscribers) at the Indian Pension Fund Congress – 2013. The Company was also the recipient of the "SKOCH – Renaissance Award 2013- Pension Category".

•  For more information visit http://www.sbipensionfunds.com

1.SBI Life Insurance Company Ltd (SBI LIFE)

SBI Life Insurance is a joint venture between State Bank of India and BNP Paribas Cardif. SBI owns 74% of the total capital and BNP Paribas Cardif the remaining 26%. SBI Life Insurance has an authorized capital of Rs. 2,000 crores and a paid up capital of Rs 1,000 crores.

State Bank Group has the unrivalled strength of over 18,000 branches across the country, arguably the largest in the world.

BNP Paribas Cardif is the life and property & casualty insurance arm of BNP Paribas, one of the strongest banks in the world. BNP Paribas Group, having presence in more than 80 countries ranks highly in Retail Banking, Investment Solutions and Corporate & Investment Banking. BNP Paribas Cardif is one of the world leaders in creditor insurance and its life and non-life insurance units have received an AA rating from Standard & Poor's.

SBI Life has a unique multi-distribution model encompassing vibrant Bancassurance, Retail Agency, Institutional Alliance and Corporate Solutions distribution channels.

SBI Life extensively leverages the State Bank Group relationship as a platform for cross-selling insurance products along with its numerous banking product packages such as housing loans and personal loans. SBI's access to over 100 million accounts across the country provides a vibrant base for insurance penetration across every region and economic strata in the country, thus ensuring true financial inclusion. Agency Channel, comprising of the most productive force of over 80,000 Insurance Advisors, offers door to door insurance solutions to customers.

Awards and Recognition in FY 2013-14:

1. Most Trusted Private Life Insurance Brand 2013 by The Economic Times, Brand Equity and Nielsen Survey
Most Trusted Brand identifies brand which posses the most special ingredient - the Consumer's Trust.

2. Best Life Insurance Provider 2013 - Runner Up by Outlook Money

The Outlook Money Awards recognise excellence in Financial Services.

3. SBI Life won following awards at the Indian Insurance Awards 2013:
Under-served Market Penetration Award 2013 (Private Sector): SBI Life won this award for being pro-active in terms of reaching out tocustomers in relatively under-penetrated states and regions in India.

Claims Service Company of the Year Award 2013 (Private Sector):
SBI Life has demonstrated effective and speedy claims settlement whilemaintaining high levels of client service, satisfaction and focus in handling claims in FY 2012-13, setting up a benchmark for the industry to.

SBI Life won Global Performance Excellence Award 2013 by Asia Pacific Quality Organisation (APQO)
SBI Life has achieved a unique distinction by featuring amongst the nine organisations from six Asian and Pacific Rim Countries to be recognisedas exemplary companies of world class quality performance.

5. Won Digital Inclusion Skoch Awards 2013
SBI Life received the award for the project - Enabling partners to collect premium through Electronic Fund Transfer - Cash & Direct Debit. Theaward recognises best practices in the fields of governance, finance, banking, technology, corporate citizenship, economics and inclusive growth.

6. Won Communication Excellence Award 2013 at 4th CMO Asia Awards Represented by 25 countries across Asia, CMO Asia Awards recognises organisations for displaying leadership in strategic communicationcombined with consistent innovation.

7. BFSI (Banking Financial Services and Insurance) 2014 Awards :

• 'The Most Admired Life Insurance Company in the Private Sector'.
• 'The Best Life Insurance Company in the Private Sector' The BFSI Award recognises the best performances of various Banking, Finance and Insurance Services. The award focuses on best of the bestpractices of the BFSI industry based on the strategy, security, customer service and the future technology challenges and innovations.

8. SBI Life recognised amongst Top-50 Great Places to Work
SBI Life was ranked 36th amongst Great Places to work in India. India's Best Companies to Work for Study 2013, the largest study in the countryon workplace culture, attracted participation from around 550 organisations spanning across 22 industries.

9. Awards at the World HRD Congress:

• 'Dream Company To Work For 2014 in Private Insurance '
• 'Dream Employer of the Year 2014' - Ranked 4th
• 'Employer Branding Award 2014' for Talent Management

World HRD Congress is the largest rendezvous of HR Professionals from across the world. It recognizes the organisations with best HR Practicesacross the globe.

10. Won the "Training Provider of the Year" Award at Asia's Training & Development Excellence Awards 2013
The award is conferred by World HRD Congress and endorsed by Asian Confederation of Business.

•  For more information, Please visit : www.sbilife.co.in

2.SBI General Insurance Company Limited

SBI General Insurance Company Limited is a joint venture between the State Bank of India and Insurance Australia Group (IAG). SBI owns 74% of the total capital and IAG the remaining 26%.

Insurance Australia Group (IAG) is a general insurance group with operations in Australia, New Zealand and Asia. IAG's businesses underwrite approaching A$10 billion of premium per annum and employ over 13,500 people.

IAG is an ASX top 30 company with a market capitalisation in excess of A$12 billion.

• IAG has been assigned a 'Very Strong' Insurer Financial Strength Rating of 'AA-' by Standard & Poor's for its key wholly owned insurance companies.
• IAG is ranked in the Dow Jones Sustainability Index.

SBI General closed the financial year 2013-14 (4th year of operation) with a Gross Written Premium of Rs.1188Crores registering a growth of 54 %. During the year 2013-14, SBI General in association with State Bank of India covered over 1.54Crores Saving Bank Account holders of SBI with a Personal Accident Insurance cover worth Rs.2/4 Lakhs. SBI General has also established its presence in nearly 14,000 Branches of State Bank of India. SBI General follows a robust multi-distribution model encompassing Bancassurance, Agency, Broking& Retail Direct Channels. Today, SBI General's Distribution family includes over 9,400 IRDA certified SBI & its Associate Bank employees and over 3,200 Agents.

SBI General's current geographical coverage extends to 56 cities pan India and plans to extend this reach to 107 offices by the end of the current financial year. SBI General is currently serving three key customer segments i.e. Retail Segment (catering to Individual & Families), Corporate Segment (catering mid to large size Companies) and SME Segment. In a short span, SBI General has emerged as one of the few General Insurance companies in India to have a dedicated SME Team catering exclusively to the needs of SME Segment.

Current Policy offering of SBI General covers Motor, Health, Personal Accident & Home Insurance for Individuals and Aviation, Fire, Marine, Package, Construction & Engineering, Liability, Group Health, Group Personal Accident & Miscellaneous Insurance for Businesses.

About Insurance Australia Group

Key Recognition:

For more information, Please visit http://www.sbigeneral.in

• The company was awarded Technology Maturity General Insurance Award for FY 13 organised by Fintelekt, a media group focused on banking and insurance
• Insurance Information Bureau (IIB), an independent body promoted by IRDA announced Data quality results for FY 13. The company had highest scores on Fire and Motor data in the industry.
• Runners up in Data Quality Asia Pacific Award 2013 during Data Congress held at Melbourne, Australia in March 2014 conducted by The International Association for Information and Data Quality (IAIDQ), a professional society of experts interested in promoting information and data quality.

3.SBI-SG Global Securities Services Private Limited

SBI-SG Global Securities Services Pvt. Ltd (SBISGGSS), is a joint venture between State Bank of India (SBI) and SocieteGenerale Securities Services (SGSS). This Joint venture has been set up to offer high quality Custody Services, Fund Accounting & Fund Administration, Risk Analysis & Performance Measurement and Registrar & Transfer Agency Services to domestic investors like Financial Institutions, Mutual Funds, Insurance Companies, Pension Funds, Portfolio Management Services, Private Banks, Corporates, Brokers and overseas investors like Global Custodians or Foreign Institutional Investors in the Indian Securities Market.

The joint venture is leveraging SBIs strength in the Indian financial sector and SGSS is contributing its recognized experience and best practices as one of the leading global custodians providing securities services across 80 countries world wide.

It is a state-of-the art service delivery with total focus on rendering world class service to all the major players in the Securities Industry in India.

SBI-SG GSS is a provider of custody services and our services enable clients to effectively manage the administration of their investments.

In the area of Custody and Clearing we offer highest standards in terms of technology and processes, as well as a level of expertise, quality and consistency that is unmatched. Additionally, the market knowledge and relationships enabled by the wide spread presence of the promoters has placed SBI-SG GSS in a position to develop new industry solutions and help lead the process of change in the securities marketplace.

Scalable Trade Settlement with highest levels of Straight-Through Processing (STP)

Full Investment Support that includes :

• Comprehensive support for subscriptions to Initial Public Offerings/Follow-on Public Offerings (IPO/FPO)
• Processing of instructions to exercise warrants
• Support for subscriptions to mutual funds, money market funds, listed open-end and exchange-traded funds
• Robust corporate actions functionality, leveraging system enhancements
• Careful monitoring of announcement sources
• Timely and accurate notification as well as agenda items

Market Information :We can blend traditional global custody services with domestic direct custody access to markets, to meet comprehensive and most complex custodial needs, including:

Safekeeping and settlement : Our high STP rates ensure that trades settle with a minimum of manual intervention.

Income processing and corporate actions : We provide information to help clients manage their cash assets effectively and maximize their investment returns.

Record keeping and reporting : Our reports give critical information on securities and cash positions, along with transaction status.

Technological sophistication We have an advanced IT infrastructure which enables seamless processing with thorough operational controls.

Fund Accounting Services

SBI-SG GSS is a provider of customized Fund Accounting and Administration solutions. The various types of Scheme handled includes Equity , Debt, Liquid , Balance , Arbitrage , Gilt, Exchange Traded Funds and Offshore Funds with Dividend - Payout and Reinvestment & Growth option. We have a fully integrated fund accounting web based application compatible with most of the software being used by the clients for providing a very high level of straight through processing (STP).

We offer full range of Fund Accounting services for Investment Players, such as Mutual Funds, Insurance Companies, Pension Funds and Portfolio Management Services. Our Fund Accounting Services include :

NAV CALCULATION & REPORTING

• Book keeping for all transactions
• Valuation of all types of securities
• Income & expenses accounting
• Updating NAVs on various Forums

ADMINISTRATION

• Investment Policy Monitoring
• Reconciliations
• Distributable surplus computation

COMPREHENSIVE REPORTING

• Exclusive Fund Manager Reports
• Regulatory & Compliance Monitoring Reports -
• Monthly compliance Report
• Deployment of Fund report ( Debt & Equity )
• Load Balance report
• Half Yearly Report
• Annual Accounts -
• Scheme-wise Annual Financial Statement preparations
• Providing necessary accounting records and work paper schedules for the Clients annual audit

RISK ANALYSIS & PERFORMANCE MEASUREMENT

Providing necessary reports including - Regulatory & Statutory Reports

•  For more information, Please visit www.sbisgcsl.co.in