State Bank of India

State Bank of India (SBI) is a multinational banking and financial services company based in India. It is a state-owned corporation with its headquarters in Mumbai, Maharashtra. As at December 2012, it had assets of US$501 billion and 15,003 branches, including 157 foreign offices making it the largest banking and financial services company in India by assets.

The bank traces its ancestry to British India, through the Imperial Bank of India, to the founding in 1806 of the Bank of Calcutta, making it the oldest commercial bank in the Indian Subcontinent. Bank of Madras merged into the other two presidency banks—Bank of Calcutta and Bank of Bombay—to form the Imperial Bank of India, which in turn became the State Bank of India. The Government of India nationalised the Imperial Bank of India in 1955, with the Reserve Bank of India taking a 60% stake, and renamed it the State Bank of India. In 2008, the government took over the stake held by the Reserve Bank of India. SBI has been ranked 285th in the Fortune Global 500 rankings of the world’s biggest corporations for the year 2012.

SBI provides a range of banking products through its network of branches in India and overseas, including products aimed at non-resident Indians (NRIs). SBI has 14 regional hubs and 57 Zonal Offices that are located at important cities throughout the country.
SBI is a regional banking behemoth and has 20% market share in deposits and loans among Indian commercial banks.

The State Bank of India was named the 29th most reputed company in the world according to Forbes 2009 rankings and was the only bank featured in the “top 10 brands of India” list in an annual survey conducted by Brand Finance and The Economic Times in 2010.

PROJECT FINANCE STRATEGIC BUSINESS UNIT

A one-stop-shop of financial services for new projects as well as expansion, diversification and modernisation of existing projects in infrastructure and non -infrastructure sectors.

EXPERTISE

– Being India’s largest bank and with the rich experience gained over generation, SBI brings considerable expertise in engineering financial packages that address complex financial requirements.
– Project Finance SBU is well equipped to provide a bouquet of structured financial solutions with the support of the largest Treasury in India (i.e. SBI’s), International Division of SBI and SBI Capital Markets Limited.
– The global presence as also the well spread domestic branch network of SBI ensures that the delivery of your project specific financial needs are totally taken care of.
– Lead role in many projects
– Allied roles such as security agent, monitoring/TRA agent etc.
– Synergy with SBI caps (exchange of leads, joint attempt in bidding for projects, joint syndication etc.). In a way, the two institutions are complimentary to each other. We have in house expertise (in appraising projects) in infrastructure sector as well as non-infrastructure sector. Some of the areas are as follows:

INFRASTRUCTURE SECTOR:

– Infrastructure sector:
– Road & urban infrastructure
– Power and utilities
– Oil & gas, other natural resources
– Ports and airports
– Telecommunications

NON-INFRASTRUCTURE SECTOR:

Manufacturing: Cement, steel, mining, engineering, auto components, textiles, Pulp & papers, chemical & pharmaceuticals …
Services: Tourism & hospitality, educational Institutions, health industry …

EXPERTISE

– Rupee term loan
– Foreign currency term loan/convertible bonds/GDR/ADR
– Debt advisory service
– Loan syndication
– Loan underwriting
– Deferred payment guarantee
– Other customized products i.e. receivables securitisation, e.t.c.

Why Project Finance SBU?

Since its inception in 1995 the Project Finance SBU has built-up a strong reputation for it’s in-depth understanding of the infrastructure sector as well as non-infrastructure sector in India and we have the ability to provide tailor made financial solutions to meet the growing & diversified requirement for different levels of the project. The recent transactions undertaken by PF-SBU include a wide range of projects undertaken by the Indian Corporates.

What’s in it for you?

Single window solution
– Appetite for large value loans.
– Proven ability to arrange/syndicate loans.
– Competitive pricing.

Professional team
– Dedicated group with sector expertise.
– Panel of legal and technical experts.
– Procedural ease
– Standardized information requirements.
– Credit appraisal/ delivery time period is minimized.

Wide branch network ensuring ease of disbursement.

ELIGIBILITY

The infrastructure wing of PF SBU deals with projects wherein:

The project cost is more than Rs 100 Crores. The proposed share of SBI in the term loan is more than Rs.50 crores. In case of projects in Road sector alone, the cut off will be project cost of Rs.50 crores and SBI Term Loan Rs. 25 Crores, respectively.

The commercial wing of PF SBU deals with projects wherein:

The minimum project cost is Rs. 200 crores (Rs. 100 crores in respect of Services sector). The minimum proposed term commitment is of Rs. 50 crores from SBI.

For project funding requirements below the amounts indicated above, you may kindly contact the nearest branch of the SBI Group.

CONTACT US

Our team is well known for innovation in tailoring solutions for our clients. If you are seeking solutions in project finance,We will be glad to assist you. please contact us.
E mail id: milind.kalkar@sbi.co.in

Or Call at: +91 (022) 22841262