SBM Bank (India)

For a Smarter Tomorrow

General Information
Company Name
SBM Bank (India)
Founded Year
1994
Location (Offices)
Mumbai, India +1
Founders / Decision Makers
Number of Employees
778
Industries
Financial Services, Banking
Funding Stage
Debt Financing
Social Media

SBM Bank (India) - Company Profile

SBM Bank (India) is a financial services and banking startup with a strong emphasis on digital innovation. Founded in 2018, the bank operates in India and key international markets such as the UAE and Singapore. With a focus on blending physical and digital infrastructure, SBM Bank aims to offer a superior banking experience that prioritizes creativity, safety, and high ROI. The recent INR990.00M Debt Financing investment from Life Insurance Corporation of India on 24 January 2023 highlights the confidence that investors have in the bank's growth potential. SBM Bank stands out for its diverse talent pool dedicated to driving innovation, compliance, and efficient processes. As India's youngest Universal Bank accredited by the RBI, it is committed to leveraging its parent company's market presence and experience in Asia and Africa. The bank's game-changing approach to wealth management emphasizes digital-forward and tech-first solutions, positioning it as a premium banking institution. With a co-creative approach, SBM Bank is adapting to the evolving demands of a globalized marketplace, demonstrating its commitment to omnichannel integration. By providing personalized banking experiences through bespoke products and solutions, SBM Bank aims to solidify its position as a leading player in India's vibrant and large market. The bank's focus on exponential growth aligns with its mission to cater to the dynamic needs of customers across various channels. For those seeking a smarter banking experience, SBM Bank India appears poised to continue its upward trajectory in the financial landscape. For more information, interested individuals can reach out to the bank via their toll-free number, email, or by visiting their nearest branch.

Taxonomy: Banking, Digital Banking, Wealth Management, Corporate Banking, Retail Banking, Digital Innovation, Global Expansion, Technology Integration, Multinational Presence, NRI Banking, HNIs, UHNIs

Funding Rounds & Investors of SBM Bank (India) (2)

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Funding Stage Amount No. Investors Investors Date
Debt Financing INR990.00M 1 24 Jan 2023
Debt Financing INR4.25B 1 National Bank for Agriculture and Rural Development (NABARD) 19 Apr 2022

Latest News of SBM Bank (India)

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No recent news or press coverage available for SBM Bank (India).

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