1. SBI LIFE INSURANCE COMPANY LIMITED (SBI-LIFE)
SBI Life Insurance, one of the most trusted life insurance companies in India, was incorporated in October 2000 and was registered with the Insurance Regulatory and Development Authority of India (IRDAI) in March 2001. Serving millions of families across India, SBI Life’s diverse range of products caters to individuals as well as group customers through Protection, Pension, Savings, and Health solutions.
For more information, please visit: www.sbilife.co.in
2. SBI GENERAL INSURANCE COMPANY LIMITED (SBI GENERAL)
SBI General is one of the fastest growing private general insurance companies, with the strong parentage of SBI.
Ever since its establishment in 2009, from 17 branches in 2011, the company has expanded its presence to over 137 branches pan-India. To date, the company has served over 6 crore customers. It has been awarded ‘Insurer of the Year in the non-life category at FICCI Insurance Industry Awards, for two consecutive years in 2020 & 2021.
For more information, please visit: www.sbigeneral.in
3. SBI CARDS AND PAYMENT SERVICES LIMITED (SBICPSL)
SBICPSL is a subsidiary of the State Bank of India. SBICPSL is a non-banking financial company and is India’s largest pure-play credit card issuer with a base of over 13.7 million cards in force, as of March 2022. SBI Card offers an extensive credit card portfolio to individual cardholders and corporate clients which includes lifestyle, rewards, travel & fuel, and banking partnership cards along with corporate cards, covering all major cardholders’ segments in terms of income profile and lifestyle.
For more information, please visit: https://www.sbicard.com
4. SBI FUNDS MANAGEMENT LIMITED(SBIFML)
SBIFML is a Joint Venture between SBI and AMUNDI (France), one of the world’s leading asset management companies. SBIFML, Asset Management Company, is amongst the fastest growing AMCs with a growth of over 28.3% against the industry average of 19.5% in 2021-22.
For more information, please visit www.sbimf.com
5. SBI CAPITAL MARKETS LIMITED ( SBICAPS)
SBICAP is India’s leading investment banker, offering a bouquet of investment banking and corporate advisory services to diversified clients across three product groups - Project Advisory and Structured Finance, Equity Capital Markets, and Debt Capital Markets. These services include Project Advisory, Loan Syndication, Structured Debt Placement, Mergers and Acquisitions, Private Equity, Restructuring Advisory, Stressed Assets Resolution, IPO, FPO, Rights Issues, Debt, Hybrid Capital raising, InvIT advisory, REIT advisory, and COC advisory (Committee of Creditors).
For more information, please visit www.sbicaps.com
6. SBICAP Securities Ltd (SSL)
SSL, a wholly owned subsidiary of SBI Capital Markets Ltd, is the retail broking arm of the SBI Group. SSL offers its customers a variety of products and services to choose from – such as Equity, Derivatives, Mutual Funds, Insurance Products, Corporate FDs, etc. through state of art trading platforms on mobile apps, websites, and through dealer terminals. SSL is also a captive sourcing arm of the State Bank of India for sourcing Home loans and Auto Loan business.
For more information please visit www.sbisecurities.in
7. SBICAP Ventures Limited (SVL)
SVL is SBI’s Asset Management Arm handling alternate investments and one of India’s fastest-growing asset managers in this space. Set up in the year 2005, SVL is a wholly owned subsidiary of SBI Capital Markets Limited.
SVL currently manages 3 Alternate Investment Funds (AIF) with aggregate committed capital of INR 12,500 crores. SVL has a successful track record of investing pan-India in stressed residential real estate and MSME sector including renewable energy, waste management, and climate-related investments. SVL is also a fund manager to two Fund of Funds with a target corpus of INR 15,000 crores with a principal focus on the MSME sector.
For more information, please visit https://sbicapventures.com/
8. SBICAP TRUSTEE COMPANY LIMITED (STCL)
STCL is a wholly owned subsidiary of SBI Capital Markets Limited (SBICAP) which in turn is a wholly-owned subsidiary of State Bank of India (SBI).
STCL is registered with the Securities and Exchange Board of India (SEBI) to act as a Debenture Trustee. It offers a whole bouquet of services viz. Security Trusteeship, Debenture Trusteeship, Alternate Investment Fund Trusteeship, Share Pledge Trusteeship, Escrow Trusteeship, Facilitator for the execution of Will, Safe Keeper, Virtual Data Room Services, Facility Agent, etc
For more information, please visit www.sbicaptrustee.com
9. SBI SG GLOBAL SECURITIES SERVICES PRIVATE LIMITED (SBI-SG)
SBI-SG is a joint venture between the State Bank of India (SBI) and Société Générale (SG)with 65% holding by SBI. The Company was set up to offer high-quality custodial and fund accounting services to domestic and foreign institutional investors supplemented by the bouquet of premier banking services of SBI. SBI- SG commenced commercial operations in 2010. It is among the top 5 Custodians and among the top 2 in Fund Accounting services in India. SBISG has been winning acclaim for its services and has recently won the coveted Global Custodian Award for Agent Banks in Emerging Markets (ABEM) 2021, for Custody services and has been recognized as Global Outperformer & Category Outperformer.
For more information, please visit www.sbisgcsl.co.in
10. SBI DFHI LIMITED (SBI DFHI)
SBI DFHI Limited is one of the largest standalone Primary Dealers (PD) with a pan-India presence. As a Primary Dealer (PD) it is mandated to support the book-building process in primary auctions and provide depth and liquidity to secondary markets in G-Sec. Besides Government securities, it also deals in money market instruments, and non-G-Sec debt instruments, amongst others. As a PD, its business activities are regulated by RBI.
For more information, please visit www.sbidfhi.com
11. SBI Payment Services Pvt Ltd. (SBI Payments)
SBI became the first public sector bank to form an exclusive Joint Venture i.e., SBI Payments for merchants acquiring a business and holds 74% stake in the company. SBI Payments is one of the largest acquirers in the country with a presence across more than 5000 centers in PAN India. The objective is to create a state-of-the-art acceptance ecosystem in all geographies of the country and enable the merchants to accept payments digitally through various form factors such as PoS, Bharat QR, BHIM-Aadhaar, NETC, Soft PoS, etc.
For more information, please visit: https://www.sbipayments.com/
12. SBI GLOBAL FACTORS LIMITED (SBIGFL)
SBIGFL is a leading provider of factoring services for domestic and international trade. SBI holds an 86.18% share in the Company. The Company’s services are especially suitable for MSME clients for freeing up resources locked in book debts. The Company is actively participating in bidding on the TReDS platforms. By virtue of its membership of Factors Chain International (FCI), the Company can ameliorate credit risk from export receivables under the 2-factor model.
13. SBIPENSION FUNDS PRIVATELY LIMITED
SBIPFPL has been appointed as the Pension Fund Manager (PFM) along with six others to manage the pension corpus under National Pension System (NPS). SBIPFPL is one of the three PFMs appointed by the Pension Fund Regulatory & Development Authority (PFRDA) for the management of Pension Funds under the NPS for Central Government (except Armed Forces) and State Government employees and one of the seven PFMs appointed for the management of Pension Funds under the Private Sector.
For more information, please visit http://www.sbipensionfunds.com
If you are interested in clearing bank exams, you can contact Nesto Institute, a premier bank exam coaching center in Chennai that helps students crack these exams.