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| | SBI (Mauritius) Ltd, a foreign subsidiary of State Bank of India, has emerged as a strong bank after the amalgamation of Indian Ocean International Bank Ltd with SBI International (Mauritius) Ltd, both subsidiaries of State Bank of India, the largest Commercial Bank of India. The bank is having fully integrated 15 branches in major cities/towns of the country including Rodrigues and 17 ATMs at different locations.
The Bank operates in both offshore as well as domestic sector offering products and services in Corporate, Retail and Personal Segment. The products have been designed, keeping in view the needs of different segments of society and are available at competitive pricing.
SBI (Mauritius) Ltd`s core values are 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 200 year history, is the largest commercial bank in India in terms of assets, deposits, profits, branches, customers and employees. The Government of India is the single largest shareholder of this Fortune 500 entity with 61.58% ownership. SBI is ranked 60th in the list of Top 1000 Banks in the world by “The Banker” in July 2012.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.The SBI group consists of SBI and five associate banks. The group has an extensive network, with over 20000 plus branches in India and another 173 offices in 34 countries across the world. As of 31st March 2012, the group had assets worth USD 359 billion, deposits of USD 278 billion and capital & reserves in excess of USD 20.88 billion. The group commands over 22% share of the domestic Indian banking market. SBI’s non-banking subsidiaries / joint ventures are market leaders in their respective areas and provide wide ranging services, which include life insurance, merchant banking, mutual funds, credit cards, factoring services, security trading and primary dealership, making the SBI Group a truly large financial supermarket and India’s financial icon. SBI has arrangements with over 1500 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 teams of professionals. | 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. H.G. Contractor (Chairperson)
Mr. R. Karthikeyan
Mr. V. Jasuja
Mr. A.K. Mahapatra
Executive Directors
Mr. J.S.Hiremath(Managing Director & CEO)
Independent Directors
Mr. G Gopee
Mr. M Cheeroo
Mr. G Chung Tick Kan | | MANAGERIAL STAFF | | SENIOR MANAGEMENT | | Mr. J.S.Hiremath | - Managing Director & CEO | | Mr. V. Nagpal | - Chief Operating Officer |
| MANAGEMENT TEAM | | Mr. N. Srinivasan | - Vice President (Corporate Banking) | | Mr. R. Srinivasu | - Vice President (Global Business) | | Mr. K. Gundu Rao | - Vice President (Retail Banking) | | Mr. K. Ramkhelawon | - Vice President (Accounts & Services) & HR | | Mr. P.R. Das | - Vice President (Treasury & Planning) | | Mr. A.B. Mosaheb | - Vice President (Internal Audit) | | Mr. P.S. Naik | - Vice President (Systems) & Chief Risk Officer | | | |
MANAGERS | | Ms. N. Rojoa | - Manager, Compliance & Legal, MLRO | | Mr. B. Mungur | - Manager, Corporate Banking | | Mrs. V. Bacha | - Manager, Corporate Banking | | Mr. R. Pushpangadhan | - Manager, Global Business | | Mrs. R. Lallbeeharry | - Manager, Human Resources | | Mr. P. Appannah | - Manager, Retail CPC | | Mrs. L. Ng How Tseung | - Manager, SME | | Mr. F. Wong Sun Thiong | - Manager, Trade Finance | | Mr. B. Swain | - Dealer | | Mr. S.S. Shukla | - Dealer | | Mr. D. Purmaissur | - Head of Accounts | | | | | | | | | |
| BRANCH HEAD | | Mr. S.Periacarpen | - Main Branch | | Mr. R. Nellapotesawmy | - Rose Hill | | Mr. R. Tetarie | - Central Flacq | | Mr. A. Noorbux | - China Town, Port Louis | | Mr. K. Bukhory | - Montagne Blanche | | Mr. V. Ramful | - Mahebourg | | Mr. R. Goolzar | - Goodlands | | Mr. F. Soydan | - Vacoas | | Mr. M. Chellen | - Rodrigues | | Mrs. L.Coolen | - Curepipe | | Mrs. A. Bahemia | - Quatre Bornes | | Mr. A. Lutchmanen | - Triolet | | Mr. J Dookhy | - Rose Belle | | Mrs. S. Anuth | - Ebene |
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