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Total deposits at SBM Bank in India 2016-2019

The Indian arm of the erstwhile State Bank of Mauritius, known today as SBM Bank, had deposits worth around ten billion Indian rupees at the end of fiscal year 2019. This was a decrease in the value of deposits compared to the previous financial year, when the bank had around 12 billion rupees as deposits.
SBM Bank was the first ever foreign bank in India to receive a banking license from the Reserve Bank of India and in 2018, it announced operations as a new Indian bank.

Total deposits made at SBM Bank in India between FY 2017 and FY 2019

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Release date

March 2019



Survey time period

FY 2017 to FY 2019

Supplementary notes

Values have been rounded.

India's financial year begins in April and ends in March. For example, FY 2018 started in April 2017 and ended in March 2018.

One Indian rupee is equal to 0.013 euros and 0.014 U.S. dollars (as of December 2019).

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Statistics on "Banking in India"

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