SBICAPS inaugurates new corporate office in BKC, Mumbai

Celebrates new office opening with a CSR grant of Rs 50 Lakhs to aid hearing impaired children
Mumbai, June 19 th , 2023: SBICAPS, a wholly owned subsidiary and investment banking arm of
State Bank of India (SBI) on Monday announced the opening of its new corporate office in
Bandra Kurla Complex, shifting from Cuffe Parade, 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, Managing Director & CEO,
SBICAPS. The new Corporate Office in Mumbai’s financial hub is planned to leverage the
immense potential of this dynamic business hub and act as catalyst to propel SBICAPS’s growth
across Capital Markets, M&A, Project Finance Advisory & Loan Syndication, ESG Advisory, Start-
ups Advisory, Business & Project Advisory, and more.
“SBICAPS is considered to be a proud institution which has provided the leading investment
bankers in this country. Today there are myriad opportunities in the Indian economy which
SBICAPS can leverage be it in the equity or debt capital markets space or project advisory, M&A
or any other client requirements. Moving to the heart of the new CBD which is located here in
BKC will generate more and better synergies, which to my mind is very critical for the success of
the organization. This move also brings SBICAPS in the same vicinity as many of our subsidiaries,
which we believe will aid in quicker coordination between functions, provide holistic solutions
to our clients and drive synergies across the SBI Group
creating value for the customers. SBICAPS is thus uniquely positioned to leverage our strengths.
With this move, the company has all the required ingredients to scale greater heights in its
growth” said Shri Dinesh Khara, Chairman, SBI.
In line with SBICAPS’ ethos of client centricity and client first always, the shift to the new
premises highlights the investment bank’s commitment to be a torch bearer in the ascent of
the Indian Financial Markets.
“This is yet another milestone in our ever-evolving journey. The shift to our new office will
provide our teams unparalleled access to key financial institutions and a diverse network of
industry professionals. This proximity will foster greater collaboration, enhance networking
opportunities, and enable us to forge valuable partnerships to drive our expansion and to stay
at the forefront of the ever-evolving financial landscape. Moreover, the office premises, which
is equipped with state-of-the-art technology and infrastructure, is purposefully designed to
accommodate the unique needs of a modern investment banking firm, and creates an
environment conducive to innovation, efficiency, and productivity. Our teams will thrive in this

sophisticated workspace and be able to deliver exceptional service to our clients. We are
excited about the limitless potential this move holds and look forward to the exciting journey
ahead” said Shri Amitava Chatterjee, Managing Director & CEO, SBICAPS.
SBI Group has always been a contributor to social good and to celebrate the opening of the new
corporate office in BKC, SBICAPS entrusted a CSR grant of Rs 50 Lakhs to Vipla Foundation
associated project DHVANI, an early intervention centre for hearing impaired children. Under
the grant, SBICAPS will support the annual operating expenses of Dhvani Early Intervention
Centre in Bandra which includes both operating and capex requirements. Shri Dinesh Khara
presented a cheque of Rs 50 Lakhs to Pramod Nigudkar, CEO, Vipla Foundation.
Vipla Foundation (registered as Save The Children India) is a Mumbai based, national-level non-
profit organization that envisions India to be a child-friendly nation. Dhvani Early Intervention
Centre focusses on early diagnosis & intervention with children from impoverished
backgrounds suffering from hearing loss, to develop essential listening skills & spoken language
naturally, and eventually mainstream them into the world of sound.
SBICAPS new corporate office is located at Parinee Crescenzo in BKC, Bandra – Mumbai.
SBICAPS currently has its regional offices in New Delhi, Kolkata, Chennai, Hyderabad, and
Ahmedabad. In January this year, SBICAPS opened a regional office in Bengaluru to focus on
infrastructure, defence, and start-ups.
SBICAPS is one of India’s oldest Investment Banks and is known for its body of work and
contribution to nation building.