» 19 Nov 2016
Communique
We wish to advise our esteemed customers that in line with the Bank of Mauritius Guidelines the clearing processes are reviewed with effect from 28.11.2016 and it is reiterated that all our customers have to ensure that the accounts are sufficiently funded at the time when the cheque issued by them are presented to our Bank in our Clearing system.
 
» 18 Nov 2016
Communique
Important Announcement for Debit Card Holders visiting India
 
» 09 Nov 2016
SBI Interim Financial Statement
SBI Interim Financial Statement - sep 2016
 
» 26 Aug 2016
Communiqué
We wish to inform our customers and the public in general that as from 29.08.2016, our ATM operation at SSR International Airport, Plaisance will be discontinued.
 
» 22 Aug 2016
Communiqué
We wish to inform our customers and the public at large that as from 23.08.2016, new rates are applicable.
 
» 30 Jun 2016
Documentation required for opening of account
KYC Documentation
 
» 30 Jun 2016
Communique
AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st March 2016
 
» 28 Jun 2016
Communique
Beware of Fake Websites, Phishing Email Important Safety related Communique for Internet Banking Users
 
» 13 Jun 2016
Communique
Closure and merger of China Town Branch with Port-Louis Main Branch
 
» 13 Jun 2016
Communique
MBA Code of Ethics and of Banking Practice Edition 2016 Web Version
 
» 28 Apr 2016
Communique
We wish to inform our customers and the public in general that as from 30.04.2016, our ATM operation at Grand Baie La Croisette Shopping Mall, Grand Baie will be discontinued.
 
» 15 Mar 2016
Important Communique
Beware of phishing emails, fake websites
 
» 14 Mar 2016
Communique
Frequently Asked Questions (FAQs) on International Usage of ATM/Debit Cards.
 
» 11 Mar 2016
Communique
Important Notice for our ATM & Debit Card Holders Travelling abroad
 
» 04 Dec 2015
Communique
Revision of Interest Rates as from 07.12.2015
 
» 27 Mar 2015
BOM & FSC communique on MasterCard
BOM & FSC communique on MasterCard - 27th March 2015
 
» 25 Mar 2015
US FATCA Compliance By Mauritian Banks
Compliance by Mauritian banks to the US Foreign Account Tax Compliance Act (FATCA)
 
» 04 Mar 2015
MBA KYC Policy
KNOW YOUR CUSTOMER (KYC)
 
» 05 Feb 2015
Important Safety related Communique for Internet Banking Users
Our esteemed customers are hereby cautioned against acting upon any unsolicited phishing emails and should avoid giving personal and confidential information such as ‘User name’ and ‘Passwords’.
 
» 22 Sep 2014
Communique
NEW PROCEDURE OF CHEQUE TRUNCATION SYSTEM(CTS)
 
» 08 Sep 2014
Offsite ATM at Super Unic Supermarket
Offsite ATM at Super Unic Supermarket ,Quatre Bornes is operational as from 5 sep 2014.
 
» 17 Jul 2013
Daily ATM Cash Withdrawal Limit
The Daily ATM Cash Withdrawal limit will stand revised MUR 20,000/- w.e.f 01 Aug 2013
 
» 12 Jun 2013
Student Loan Scheme
Government backed Student Loan Scheme
 
» 30 Nov -0001
Communique
Important Announcement for Debit Card Holders visiting India
   
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About Us

 

SBI (Mauritius) Ltd, a subsidiary of State Bank of India, is a steady and strong player in the banking landscape of Mauritius with aspirations to grow as a long term stake holder in the   Mauritian Economy.   SBI (Mauritius) Ltd has presence in the beautiful island country since 1989, as SBI (International) Mauritius Ltd, focussing on Global Banking Business.  The Bank has grown in tandem with the economy of Mauritius, which has emerged as a major International Financial Centre. The Parent Bank, State Bank of India, expanded its footprints in the economy of Mauritius in 2005, by acquiring a stake in Indian Ocean International Bank (IOIB) Ltd., which had a good retail presence in the country since 1979.  On 25.10.2008, SBI (International) Mauritius Ltd amalgamated with Indian Ocean International Bank, and was renamed as SBI (Mauritius) Ltd.  Over the years, SBI (Mauritius) Ltd has posted a healthy growth to emerge as a steadily growing mid-sized bank amidst the highly competitive banking environment of Mauritius. 

SBI (Mauritius) Ltd is  having  14 fully integrated - 13  Retail Branches covering major areas of Mauritius, including Rodrigues Island,  and 1 Global Business Branch at Ebene in Mauritius. Apart from Branch Banking, customers also have the convenience of 24x7 ATM Banking at 18 ATMs across the length and breadth of the country.  Bank also has a 24x7  robust Internet Banking Channel enabling customers to work from their homes and offices.   Bank will be soon launching Mobile Banking Services for customers and applications on Smart Phones. 

The Bank operates in both offshore as well as domestic sector offering products and services in Global, Corporate, Retail and Personal Segment. The products are competitively priced and have been designed keeping in view the needs of different segments of society. 

The Mission of SBI (Mauritius) Ltd is to create a strong and vibrant banking institution with global reach, having world class technology, products and services based on the core values of Integrity, Customer Care and sound Corporate Governance.  Apart from following Best International Practices, the Bank is committed to be a responsible corporate citizen and a significant player in the Mauritian Banking Sector. 

Our parent bank, State Bank of India (SBI), with a 211 year history, is the largest commercial bank in India in terms of assets, deposits, profits, branches, customers and employees. The origins of State Bank of India date back to 1806 when the Bank of Calcutta (later called the Bank of Bengal) was established. In 1921, the Bank of Bengal and two other banks (Bank of Madras and Bank of Bombay) were amalgamated to form the Imperial Bank of India. In 1955, the Reserve Bank of India acquired the controlling interests of the Imperial Bank of India and SBI was created by an act of Parliament to succeed the Imperial Bank of India. With the merger of five of its Associate Banks on 01.04.2017, SBI has been transformed into a banking behemoth making it to the top 50 banks in the world with a Balance Sheet size of over  US$ 635 billion (INR 41 trillion), over 277,000 employees and 500 million customers.  SBI has presence outside India with  193 offices in 35 countries.

SBI's non-banking subsidiaries / joint ventures are market leaders in their respective areas and provide wide ranging services, which include Life insurance, General Insurance, Investment Banking, Mutual Funds, Credit Cards, Factoring Services, Security Trading and Primary Dealership etc., making the SBI Group a truly large financial supermarket and India's financial icon. SBI has arrangements with over 1,500 various international / local banks to exchange financial messages through SWIFT in all business centres of the world to facilitate trade related banking business, reinforced by dedicated and highly skilled team of professionals. 

For more information on our parent Bank, SBI,  please visit  https://bank.sbi. 

 

PRIVACY POLICY

SBI (Mauritius) Ltd is synonymous with trust and security. In line with recognized best International Practices and for the information of customers and others who visit the Bank's website we believe it is necessary to post a privacy statement. The information shared with the Bank will be treated as private. We also desire to say explicitly that adequate precautions have been taken to protect information relating to customers and their dealings with the Bank from the mischievous and the fraudsters. Customer confidentiality and privacy is of utmost concern to SBI (Mauritius) Ltd. Our employees treat the information we have concerning your accounts in the same responsible and confidential way that we want our own financial affairs treated.

OUR MISSION

To create a strong and vibrant banking institution with global reach, having world class technology, products and based on the Core Values of Integrity, Customer care and sound Corporate Governance.

OUR VISION

To be the first choice solution provider for all banking Services. To be a symbol of trust, efficiency and courteous Service. To protect and promote interests of all Stakeholders through well trained and, upright and dedicated professionals. To strive for constant improvement in products, processes and delivery channels.

OUR GOAL

* To achieve Customer's Delight

BOARD OF DIRECTORS

Non Executive Directors

Mr. Siddhartha Sengupta (Chairman)
Mr Sujit Kumar Varma
Mr. Vijay Kumar Tyagi

Executive Director 

Mr. S.S. Asthana (Managing Director & CEO) 

Independent Directors
Mr. G Gopee
Dr. M Cheeroo

SENIOR MANAGEMENT
 
Mr. S.S. Asthana- Managing Director & CEO

Mr Madhusudhan  Bhat 

Mr. B. N. Rath 

Mr. Deepak Lingwal

Mr. Ranvijay Pratap 

Mr. K. Ramkhelawon

Mr. T. S. Rao

Mr. A.B. Mosaheb

Mr. S.S.Ramakrishna

-Vice President (Systems) & Chief Risk Officer

- Vice President (Corporate Banking) 

- Chief Operating Officer

- Vice President (Retail Banking)

 - Vice President (Accounts & Services) & HR 

- Vice President (Treasury & Planning)

- Vice President (Compliance) & Company Secretary.

- Vice President, Global Business Branch

 

 

MANAGERS

 

 

 
Mr. Amit Kumar - Manager, Global Business 
Mr. Kamlesh Choudhary- Dealer
Mr. Prakash Panda - Manager, Global Business 
Mr. B. Mungur - Money Laundering Reporting Officer
Mrs. L. Ng How Tseung- Manager, SME
Mr. F. Wong Sun Thiong- Manager, Trade Finance
Mrs. Vimla Bacha - Manager, Corporate Banking
Mr. Yogesh Kumar- Dealer

Mr. Rajesh Singh

- Manager, Systems

Mr. Sandeep Patil  

- Manager, Treasury Back Office

Mr. Soumik  Pradhan

- Manager, Corporate Banking

Mrs. A. B. Appadoo

Mrs. A. Bahemia

Mr. Desigan Ponnan 

Mr. Zafar H. Siddiqui

Mr. S. Mookesh

-Manager (HR)

- Manager, Internal Audit

- Manager, Compliance & Legal

-Manager (Risk) 

 - Officer

BRANCH HEADS
Mr. Rishi Kumar- Main Branch
Mr. Ram Nellapotesawmy- Central Flacq
Mrs. Veeshal Busgeeth - Curepipe
Mrs. Mangaiyarkarasi Ruthnums - Ebene
Mr. Li Pin Hiung Ah Fen- Goodlands
Mr. Parmanand Gopaul - Mahebourg
Mr. Lalit Nagvekar- Montagne Blanche
Mr. Jean Alex Parfait- Quatre Bornes
Mr. Mario Chellen- Rodrigues
Mr. Tetarie Ramjeet- Rose Belle

Mr. Santa Anuth

- Rose Hill

Mr. Kaviraz Bukhory- Triolet
Mrs. Deepika Mandhul- Vacoas

 

PUBLIC RELATIONS

 

Mr. David Chinapah - (230) 404 4945, (230) 404-4946 Mobile : 5 2561640

Customer Care

(230) 203 4907, (230) 2108809, 800 2009 (Toll free)