Press Release

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16th February, 2024

SBM Bank India Appoints International Banker Ashish Vijayakar as MD & CEO
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1st December, 2023

SBM Bank India celebrates its 5th anniversary
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9th November, 2023

SBM Bank India Unveils Exclusive Festive Offer with Special Fixed Deposit Rates of 8.25% p.a.
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7th June, 2023

SBM Bank India launches World Elite Metal Debit Card – an on-request gateway to a world of luxury for the uber-affluent Indian.
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27th Jan, 2023

SBM Bank India raises Rs 99 crore from LIC via issuance of Tier II bonds
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29th Nov, 2022

SBM Bank India has announced a strategic partnership with Asia’s first end-to-end Embedded Finance platform, "Zwitch"
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15th Nov, 2022

SBM Bank India in association with its Business Correspondent Kaleidofin Private Limited, today launched
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19th April, 2022

SBM Bank India successfully closes its maiden Tier–II issuance for raising capital in the domestic market
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12 Jan, 2022

LazyPay Forays into Card segment: launches LazyCard (Co-branded Prepaid Instrument) with SBM Bank India
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13 Oct, 2021

Vested Finance makes deposits for US investing easier with SBM Bank India's Smart Banking solution
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05 Oct, 2021

SBM Bank India and PaisaBazaar roll out StepUp Secured Credit Cards towards easing access to credit
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05 Oct, 2021

Drip Capital collaborates with SBM Bank India to empower MSME Exporters
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09 Sep, 2021

SBM Bank India collaborates with Lendingkart to market unique tailormade Overdraft facility
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06 Sep, 2021

SBM Bank India Collaborates with OneCard to extend mobile-based credit cards
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31 Aug, 2021

SBM Bank India forays into Gujarat Opens its First Branch in State
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06 Jul, 2021

Drip Capital collaborates with SBM Bank India to empower MSME Exporters
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23 Jun, 2021

SBM Bank India and PaisaBazaar roll out StepUp Secured Credit Cards towards easing access to credit
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27 May, 2021

SBM Bank India logs on to CredAvenue as Platform Partner
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14 Apr, 2021

India's first cross-border neobank - moneyHOP partners with SBM Bank India to launch 'HOPRemit'
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08 Apr, 2021

SBM Bank India partners with U GRO Capital to launch GRO Smart Business credit cards
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28 Jan, 2021

StashFin Partners with SBM Bank India to Launch Contactless Prepaid Cards

SBM Bank India and StashFin Press release

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22 Jan, 2021

SBM Bank partners with Grayquest to boost access to quality education in India
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05 Dec, 2020

SBM Bank India and Vakrangee Join Hands to offer #SmartBanking to the unbanked Bharat
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02 Dec, 2020

SBM Bank India launches Hyper-personalised SmartBanking platform in partnership with Finin
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13 Oct, 2020

SBM Bank India inaugurates the first-of-its kind container branch at Palghar Maharashtra

SBM Bank India opens its seventh branch in India at Galtare, Palghar district, Maharashtra. Located in the vicinity of ISKCON Govardhan Ecovillage

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15 Sep, 2020

SBM Bank India and Mastercard launch one-of-a-kind debit card tailored for the sophisticated needs of high net worth customers

SBM World Debit Card offers access to world-class banking and wealth solutions, allowing cardholders to grow their portfolios while enjoying memorable experiences

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08 Sep, 2020

SBM Bank India unveils SBM Wealth – an exclusive experience in private banking for affluent customers

SBM Bank India today unveiled SBM Wealth - its powerfully exclusively designed suite of choicest banking solutions for ultra-high net-worth segment of customers. The exclusive offering is on invitation, and available to select customers.

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18 Aug, 2020

Bharti AXA Life Insurance and SBM Bank India Forge Bancassurance Partnership For Insurance Distribution.

Bharti AXA Life Insurance, a joint venture between Bharti Enterprises, one of India's leading business groups, and AXA, one of the world's largest insurance companies, today announced its bancassurance partnership with SBM Bank India, one of the youngest new age banks in the country, for distribution of life insurance products through latter's network.

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17 Aug, 2020

SBM Bank India and PayNearby launch Nivesh – Goal Based Recurring Deposit Platform for the masses

SBM Bank India and PayNearby are happy to announce the launch of a unique Goal Based Recurring Deposit Platform, Nivesh, now available across all the 10,00,000+ PayNearby retail touchpoints spread over 17,000 plus PIN codes in the country.

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03 Aug, 2020

SBM Bank India collaborates with InstaReM to enhance outbound remittance experience

Users of both SBM Bank India and InstaReM will be able to remit money to more markets and send funds overseas in real-time

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23 Jul, 2020

SBM Bank collaborates with EnKash and Yap to launch co-branded Business Credit Card on RuPay network for MSMEs and start-ups

SBM Bank India, EnKash, YAP and RuPay joined hands today to launch India’s most comprehensive business credit card, the SBM EnKash RuPay Business Card

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06 Jul, 2020

SBM Bank taps Mastercard SendTM for faster, smarter payments solution for customers across India

Mastercard SendTM is designed to empower banks, merchants and fintech’s to modernize domestic and cross-border payments and remittances

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13 Feb, 2020

SBM Bank India partners with Karbon to launch India’s 1st startup-friendly Corporate Credit Card

Introducing Karbon Card – powered by SBM Bank, the corporate credit card built to celebrate Collaborative Banking

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10 Feb, 2020

SBM Bank (India) collaborates with EnKash to empower aspiring business owners through technology

Launches Freedom Corporate Card integrated with WhatsApp based Expense Management Solution

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06 Jan, 2020

SBM Bank (India) & PayNearby sign up to offer ‘open banking’ to the masses

Aims to create an ecosystem multiplier platform offering seamless banking and new age financial solutions

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25 Jan, 2019

SBM Bank (India) Limited: First foreign bank to set up a Wholly Owned Subsidiary (WOS) in India

SBM Group, a diversified financial services provider and the second largest listed banking institution on the Stock Exchange of Mauritius,...

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20 Nov, 2018

SBM Bank India Ltd appoints Mr. Sidharth Rath as the Managing Director & CEO

Mr. Sidharth Rath has taken over as the Managing Director & CEO of SBM Bank (India) Limited pursuant to the approval received from the Reserve Bank of India.

Media Coverage

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26th February, 2024

Coverage Dossier on appointment of new MD & CEO SBM Bank India.

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31 May, 2023

Age Of AI And ML: Are We There
Yet?
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14 March, 2023

Appraisals – an opportunity to build a diverse, inclusive and equitable India Inc.
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03 Feb, 2023

SBM Bank raises Rs 99 cr. From LIC via bonds
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08 Dec, 2022

A small bank’s effort to make a small change
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29 Sept, 2022

RBI MPC Meet: What Do Experts Believe?
Source: Business World
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06 Aug, 2022

Mr Sidharth Rath, MD & CEO, SBM Bank India comments on RBI Monetary policy in Business World
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06 Apr, 2022

Decoding India's evolving wealth management landscape
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21 Mar, 2022

With banks shifting to digital means, can a new customer experience be created?
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07 Jan, 2022 | cnbctv18

The conundrum of banks and bankers in the 21st century
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22 Oct, 2021 |

Vested Finance makes deposits for US investing easier with SBM Bank India's Smart Banking solution
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08 Oct, 2021 |

Building atomic habits in new age banking
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30 Sep, 2021 |

SBM Bank India forays into Gujarat Opens its First branch in State
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22 Sep, 2021 |

SBM Bank India, Lendingkart tie up to offer overdraft facility for working capital to MSMEs
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20 Sep, 2021 |

SBM Bank partners with OneCard to launch mobile based credit card
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31 Aug, 2021 |

Banking lessons to learn from Formula One championship
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19 Jul, 2021 |

Title: SBM Bank ties up with 30 fintechs to grow deposits
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21 May, 2021 |

Mumbai: Government employees can now open salary accounts in 15 private banks
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26 Apr, 2021 | Financial Express

How banks are strengthening their technology prowess to provide hyper-personalised banking services
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19 Apr, 2021 | SBM Bank

SBM Bank bets on tie-ups to grow India ops; not to add branches
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08 Apr, 2021 |

SBM Bank India and StashFin to Launch Contactless Prepaid Cards
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08 Apr, 2021 |

SBM Bank India Limited partners with GrayQuest
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30 Mar, 2021 | SBM Bank

SBM India's Growth Strategy Centres on Fintech Tie-ups
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17 Feb, 2021 | SBM Bank

The Digital Fifth Report, January 2021
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17 Dec, 2020 | SBM Bank

SBM Bank India partners with Vakrangee- Coverage
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11 Dec, 2020 | SBM Bank

SBM Bank India partners with Finin – Coverage
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28 Nov, 2020 |

Why traditional banks need to partner with fintech firms for delivering essential banking solutions
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17 Nov, 2020 | The Hindu

SBM Bank India set to launch a neo banking platform.
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31 Aug, 2020 |

SBM Bank India wants to be an Amazon of banking
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27 Aug, 2020 |

SBM Instarem Collaboration Coverage Report
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25 Aug, 2020 |

SBM Bharti AXA Collaboration Coverage Report
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23 Aug, 2020 |

Making employees' return to the office safe and coping with regular business operations.
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03 Aug, 2020 |

We intend to use open architecture to build scale: SBM Bank's Sidharth Rath
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28 Jul, 2020 |

SBM EnKash Rupay Business Card Coverage Report.
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14 Jul, 2020 |

SBM Bank India and Mastercard Collaboration Coverage Report.
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01 May, 2020 | Business Today

May 1, 2020 | Business Today – The Booby Trap
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11 Mar, 2020 | SBM Bank and PayNearby offer seamless banking and financial solutions to the masses

Business India Article
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18 Feb, 2020 | We will look at expanding our footprint in a structured manner, says the MD and CEO of the Mauritius govt-promoted lender

SBM Bank will focus on rural markets through a collaborative approach
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09 Jan, 2020 | Here’s why you should invest in foreign currency amid declining opportunities in India

Financial Express
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07 Jan, 2020 | PayNearby

SBM and PayNearby Coverage Report
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02 May, 2019 | Economic Times

SBM Plans Calibrated Expansion of Units in India
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11 Apr, 2019 | WB Businessworld

State Bank Of Mauritius (India) Envisions An Expansion Of 16 Branches By The Year 2022
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04 Mar, 2019 | Financial Express

Focusing deposits, State Bank of Mauritius plans major branch expansion
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03 Mar, 2019 | Navbharat Times

स्टेट बैंक ऑफ मॉरीशस की नई शाखाएं खोलने, जमा राशि बढ़ाने की योजना
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03 Mar, 2019 | Business Standard

Focusing deposits, SBM plans major branch expansion
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28 Jan, 2019 | Hubbis

SBM Bank (India) first foreign bank to set up a Wholly Owned Subsidiary in India
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28 Jan, 2019 | India Infoline

SBM Bank (India) to set up a Wholly Owned Subsidiary (WOS) in India
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27 Jan, 2019 | Inside News

Pravind Jugnauth, special guest of the Great Peninsula
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25 Jan, 2019 | India.com

State Bank of Mauritius to operate as local subsidiary to
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25 Jan, 2019 | Rediff

Mauritius PM inaugurates SBM Bank (India) Ltd in Mumbai
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25 Jan, 2019 | The Quint

Mauritius PM inaugurates SBM Bank Ltd in Mumbai
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25 Jan, 2019 | Devdiscourse

State Bank of Mauritius planning to expand in India; will double branches
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25 Jan, 2019 | Devdiscourse

Mauritius PM inaugurates SBM Bank Ltd in Mumbai
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25 Jan, 2019 | Devdiscourse

Historic event: Mauritius PM Jugnauth inaugurates SBM Bank (India) Ltd in Mumbai
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25 Jan, 2019 | Dailyhunt

Mumbai: Mauritian PM Jugnauth inaugurates SBM Bank (India) Ltd
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25 Jan, 2019 | Dailyhunt

Mauritius PM inaugurates SBM Bank (India) Ltd in Mumbai
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25 Jan, 2019 | Yahoo

Mauritius PM inaugurates SBM Bank Ltd in Mumbai
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25 Jan, 2019 | International Business Times

SBM Bank of Mauritius opens wholly owned subsidiary in India
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25 Jan, 2019 | CIOL

SBM Bank (India) Limited: First foreign bank to set up a Wholly Owned Subsidiary (WOS) in India
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25 Jan, 2019 | Sify

Mauritius PM inaugurates SBM Bank (India) Ltd in Mumbai
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25 Jan, 2019 | Outlook India

Mauritius PM inaugurates SBM Bank (India) Ltd in Mumbai
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25 Jan, 2019 | Moneycontrol

State Bank of Mauritius to operate as local subsidiary; to double branches, eyes Rs 5000 cr biz in two years
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25 Jan, 2019 | UNI

sbm-bank-india-ltd-becomes-first-foreign-bank-to-set-up-wholly-owned-subsidiary-in-india
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25 Jan, 2019 | Business Standard

Mauritius PM inaugurates SBM Bank (India) Ltd in Mumbai
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24 Jan, 2019 | Moneycontrol

India, Mauritius to sign economic cooperation pact soon
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24 Jan, 2019 | Devdiscourse

India, Mauritius to sign economic cooperation pact soon
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01 Dec, 2018 | New Indian Express

State Bank of Mauritius appoints Sidharth Rath as MD of India operation
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21 Nov, 2018 | Hindu Business Line

New CEO takes over at SBM Bank
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21 Nov, 2018 | Business Today

State Bank of Mauritius appoints Sidharth Rath as MD of India operation
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21 Nov, 2018 | Devidiscourse

Sidharth Rath appointed State Bank of Mauritius MD
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21 Nov, 2018 | OutlookIndia.com

State Bank of Mauritius appoints Sidharth Rath as MD of India operation
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21 Nov, 2018 | Business Standard

State Bank of Mauritius appoints Sidharth Rath as MD of India operation
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20 Nov, 2018 | Times of India

SBM Bank India appoints Sidharth Rath as managing director & CEO
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20 Nov, 2018 | VC Circle1

Mauritius SBM Bank hires senior Axis exec to head India operations
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20 Nov, 2018 | Moneycontrol.com

Mauritius SBM Bank appoints former Axis Bank executive Sidharth Rath as CEO
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