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SBI Subsidiaries List and ShareHolding Details, How Much Ownership SBI has in Subsidiaries?
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The State Bank of India (SBI), Indiaβs largest public sector bank, has established several subsidiaries and joint ventures to provide a wide range of financial services. These include services in insurance, mutual funds, asset management, cards and payments, and international banking. Below is a detailed list of SBIβs subsidiaries and joint ventures along with their shareholding percentages:
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π’ Non-banking Subsidiaries/Joint Ventures
| Name | Shareholding Percentage |
|---|---|
| SBI Capital Markets Limited (includes SBICAP Securities, Ventures & Trustee Co.) | 100% |
| SBI Mutual Fund Trustee Company Private Limited | 100% |
| State Bank Operations Support Services Pvt. Ltd. | 100% |
| SBI Factors Limited | 100% |
| SBI Pension Funds Private Limited | 92.40% |
| SBI Payment Services Private Limited | 74% |
| SBI DFHI Limited | 72.17% |
| SBI General Insurance Company Limited | 68.99% |
| SBI Cards & Payment Services Limited | 68.60% |
| SBI-SG Global Securities Services Private Limited | 65% |
| SBI Funds Management Limited (and related entities) | 61.98% |
| SBI Life Insurance Company Limited | 55.38% |
| Oman India Joint Investment Fund – Management Co. Pvt. Ltd. | 50% |
| Oman India Joint Investment Fund – Trustee Co. Pvt. Ltd. | 50% |
| C-Edge Technologies Limited | 49% |
| Macquarie SBI Infrastructure Management Pte. Limited | 45% |
| SBI Macquarie Infrastructure Management Private Limited | 45% |
| SBI Macquarie Infrastructure Trustee Private Limited | 45% |
π Overseas Banking Subsidiaries/Joint Ventures/Associates
| Name | Shareholding Percentage |
|---|---|
| State Bank of India (California) | 100% |
| SBI Canada Bank | 100% |
| State Bank of India (UK) Limited | 100% |
| Commercial Indo Bank LLC, Moscow | 100% |
| PT Bank SBI Indonesia | 99% |
| SBI (Mauritius) Limited | 96.60% |
| Nepal SBI Bank Limited | 55% |
| Bank of Bhutan Limited | 20% |
π Overseas Non-banking Subsidiary
| Name | Shareholding Percentage |
|---|---|
| State Bank of India Servicos Limitada, Brazil | 100% |
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