SBICAPS, a wholly owned subsidiary and investment banking arm of State Bank of India (SBI), announced the launch of its new corporate office in Bandra Kurla Complex on Monday, moving from Cuffe Parade in Mumbai. Inaugurated by Shri Dinesh Khara, Chairman, State Bank of India (SBI), in the presence of Shri Swaminathan J, MD (CB & Subsidiaries), Shri C.S. Setty, MD (International Banking, Global Markets & Technology), Shri Ashwani Kumar Tewari, MD (Risk, Compliance & SARG), Shri Alok Kumar Choudhary, MD (Retail Business & Operations), and Shri Amitava Chatterjee
Adding value to the customers’ lives. SBICAPS is thus ideally positioned to capitalise on our advantages. “With this move, the company has all the ingredients it needs to reach new heights in its growth,” stated Shri Dinesh Khara, Chairman of SBI.
In keeping with SBICAPS’ concept of client centricity and always putting the client first, the relocation to new premises demonstrates the investment bank’s dedication to being a torch bearer in the ascension of the Indian Financial Markets.
This is yet another milestone in our ever-changing journey. The relocation to our new office will give our personnel unrivalled access to significant financial institutions and a varied network of industry professionals. This proximity will create stronger collaboration, improve networking opportunities, and help us to form significant relationships to accelerate our expansion and remain at the forefront of the ever-changing financial world. Furthermore, the office space, which is outfitted with cutting-edge technology and infrastructure, is specifically built to satisfy the special needs of a modern investment banking firm, and it fosters an environment conducive to innovation, efficiency, and productivity. Our teams will thrive in this modern office and be able to provide outstanding service to our clients. We are enthused about the tremendous possibilities this has.
To commemorate the opening of the new corporate office in BKC, SBICAPS entrusted a CSR contribution of Rs 50 lakhs to Vipla Foundation linked project DHVANI, an early intervention centre for hearing impaired children. SBICAPS will cover the annual running expenses of Dhvani Early Intervention Centre in Bandra, which comprise both operating and capital expenditures, through the grant. Shri Dinesh Khara presented Pramod Nigudkar, CEO of the Vipla Foundation, with a cheque for Rs 50 lakhs.
SBICAPS’s new corporate office is located at Parinee Crescenzo in BKC, Bandra, Mumbai. SBICAPS now has regional offices in New Delhi, Kolkata, Chennai, Hyderabad, and Ahmedabad. SBICAPS established a regional office in Bengaluru in January of this year to focus on infrastructure, defence, and start-ups.
SBICAPS is one of India’s oldest investment banks, well-known for its body of work and contribution to nation development.