MID- CORPORATE GROUP

Mid Corporate Group (MCG)

Mid Corporate Group (MCG) focuses on Mid Corporate customers, which are defined by the Bank as entities availing aggregate limits of above Rs.50 Crores and up to Rs.500 Crores (Fund Based + Non Fund Based). However, MCG handles customers with limits of above Rs.500 Crores (Fund Based + Non Fund Based) also, at centres where Corporate Accounts Group is not present.

The strengths of Mid Corporate Group are:
  • special attention provided to the overall banking requirements of Mid Corporate clients through Account Management Teams (AMTs);

  • customised solutions to meet all financial requirements of Mid Corporate clients;

  • network of 58 branches covering major industrial and business centres in India; and

  • executives well versed in credit, foreign exchange and trade finance.

Mid-sized corporate customers have been and continue to be the growth drivers of India's economic development. This market segment encompasses more than 10,000 entities, many of whom are listed on domestic stock exchanges. High concentration of these customers is in around 50 centres in the country, all of which are served by the Bank's extensive branch network. In addition, Mid Corporate Group serves this segment in 34Metropolitan and Urban centres through 58 dedicated branch outfits - housing specialised Account Management Teams (AMTs) - ranging from 2 to 10 such teams in each of the branches.

Relationship Managers, leading the AMTs, are assigned to all Mid Corporate customers. A typical Relationship Manager handles approximately 15 to 20 Mid Corporate customers and is the customer's single point of contract in the Bank. These Relationship Managers are mandated to fulfil every possible banking requirement of Mid Corporate customers, while simultaneously focusing on quality of assets, containment of NPAs and regular evaluation of pricing offered to customers on various products. The AMTs liaise with existing customers, as well as reach out to potential customers, for familiarising them with the various products and services offered by the Bank's different Verticals (e.g. Cash Management Products, Interest Rate and Currency Hedging Products, Retail Products, etc.) - besides Mutual Funds, Custodial Services and Insurance and other products of the Bank's subsidiaries.

Mid Corporate Group is active in providing working capital advances, project finance and term loans, including stand-alone term lending to well rated customers. The Group also offers non-fund based business like Letters of Credit and Bank Guarantees, by offering market related pricing in high-volume/high-income and well rated accounts. Customers of Mid Corporate Group can also be industry majors or vendors or dealers. The Group offers supply chain finance in the form of vendor and dealer financing, thereby linking the Large Corporate, Mid Corporate and SME customer segments served by the Bank.

MCG/MCRO ADDRESS TEL. NO. e-mail ID

MCG-I(MCROs : Mumbai I & II, Indore & Pune)

Chief General Manager (MCG-I)State Bank of India, Mid Corporate Group, Corporate Centre, 12th Floor, Madame Cama Road, Mumbai - 400 021

022-22741231

cgm.mcq@sbi.co.in

MCG-II(MCROs: Ahmedabad, Bangalore, Chennai-I & II & Hyderabad)

Chief General Manager (MCG-II)State Bank of India, Mid Corporate Group, Corporate Centre, 12th Floor, Madame Cama Road, Mumbai - 400 021

022-22741291

cgm2.mcg@sbi.co.in

MCG-III(MCROs : Chandigarh, New Delhi - I & II, Kolkata – I & II)

Chief General Manager (MCG-III) State Bank of India, Mid Corporate Group, Corporate Centre, 12th Floor, Madame Cama Road, Mumbai - 400 021

022-22742201

cgm3.mcg@sbi.co.in

MCRO Ahmedabad

The General Manager (MC)
State Bank of India Mid Corporate Regional Office, A-24, Swastik Society, 2nd & 3rd Floor, Shyam Gokul Building, Near Stadium, 5th Road, Ahmedabad – 380 009

079-26423200

gm.mcahm@sbi.co.in

MCRO Bangalore

The General Manager (MC)
State Bank of India Mid Corporate Regional Office, 2nd Floor, Local Head Office Building. 65, St Mark's Road Bangalore – 560 001.

080-25943064

gm.mcban@sbi.co.in

MCRO Chandigarh

The General Manager (MC)
State Bank of India Mid Corporate Regional Office, Plot No. I-2-B, City Centre, Sector 5, Panchkula, Haryana – 134 109.

0172-4569011

gm.mccha@sbi.co.in

MCRO Chennai-I & II

The General Manager (MC-I ) & (MC-II)
State Bank of India Mid Corporate Regional Office, 34, College Road, Nungambakkam, Chennai 600 006

044-28243620
044-28243630

gm.mcche@sbi.co.in

gm2.mcche@sbi.co.in

MCRO Hyderabad

The General Manager (MC)
State Bank of India Mid Corporate Regional Office, Local Head Office Building, Bank Street, Koti, Hyderabad – 500 095.

040-24756959

gm.mchyd@sbi.co.in

MCRO Indore

The General Manager (MC)
State Bank of India Mid Corporate Regional Office, 5, Yashwant Niwas Road, Indore (M.P) – 452 003

0731-2580302

gm.mcind@sbi.co.in