SBI Subsidiaries List and ShareHolding Details, How Much Ownership SBI has in Subsidiaries?

The State Bank of India (SBI), India’s 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 SBI’s subsidiaries and joint ventures along with their shareholding percentages:

🏢 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%

🌐 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%

🌍 Overseas Non-banking Subsidiary

Name	Shareholding Percentage
State Bank of India Servicos Limitada, Brazil	100%