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
(in billion Indian rupees)
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Indian Banks' Association. (March 31, 2019). Total deposits made at SBM Bank in India between FY 2017 and FY 2019 (in billion Indian rupees) [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1081508/sbm-bank-total-deposits-in-india/
Indian Banks' Association. "Total deposits made at SBM Bank in India between FY 2017 and FY 2019 (in billion Indian rupees)." Chart. March 31, 2019. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1081508/sbm-bank-total-deposits-in-india/
Indian Banks' Association. (2019). Total deposits made at SBM Bank in India between FY 2017 and FY 2019 (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1081508/sbm-bank-total-deposits-in-india/
Indian Banks' Association. "Total Deposits Made at Sbm Bank in India between Fy 2017 and Fy 2019 (in Billion Indian Rupees)." Statista, Statista Inc., 31 Mar 2019, https://www.statista.com/statistics/1081508/sbm-bank-total-deposits-in-india/
Indian Banks' Association, Total deposits made at SBM Bank in India between FY 2017 and FY 2019 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1081508/sbm-bank-total-deposits-in-india/ (last visited November 04, 2024)
Total deposits made at SBM Bank in India between FY 2017 and FY 2019 (in billion Indian rupees) [Graph], Indian Banks' Association, March 31, 2019. [Online]. Available: https://www.statista.com/statistics/1081508/sbm-bank-total-deposits-in-india/
