Corporate Accounts Group (CAG) is a dedicated Business Unit (BU) of the Bank. It handles SBI’s ‘high-value credit’ portfolio as a specialized and efficient delivery platform. The CAG BU has five specialized Branches located in India’s top three commercial centers, namely Mumbai, New Delhi, and Chennai.
Four branches of CAG BU at Mumbai (2), New Delhi (1) and Chennai (1) are headed by General Managers and provide a comprehensive range of financial products and services exclusively to top-rated corporates, including their foreign associates and subsidiaries. The fifth branch viz. Financial Institutions Branch at Mumbai is headed by Deputy General Manager and caters to banking and non-banking requirements of Financial Institutions like Mutual Funds, Insurance Companies, Banks (Private and Foreign), FDI and FPI entities.
The business model of CAG BU is based on the relationship management concept, and each client/business group is mapped to a relationship manager who spearheads a cross-functional client service team consisting of highly skilled credit and operations functionaries. The relationship strategy is anchored on delivering integrated and comprehensive solutions to the clients, including structured products within a specified time frame. The prime objective of the plan is to make SBI the first choice of top corporates. A regular review of each corporate relationship by senior management sets the benchmark for relationship management in CAG BU.
Apart from offering various core credit products, Client Service Teams at CAG Branches aid customers in the selection and delivery of a wide variety of products and services offered by SBI’s associates and subsidiaries listed below:
For Capital Market Requirements – SBI Capital Markets Limited (SBICAPS)
For Treasury and Investments – SBI Gilts Ltd and SBICAP Securities Limited
For Investments – SBI Mutual Fund Limited
For General and Life Insurance – SBI General Insurance Company Limited and SBI Life Insurance Company Limited
For Receivables factoring – SBI Global Factors Limited
For Custodial Services Banking to Foreign (FII, FPI, FVCI) & Domestic Institutional Clients – SBI Societe Generale Global Securities Services Pvt. Limited (SBI-SG)
To align with the changing banking landscape, a specialized unit viz. Corporate Solutions Group (CSG) has been created within CAG BU to cover the entire banking ecosystem of corporate customers in significant sectors namely FMCG, Auto, Agri, Pharma, and IT, with a focused thrust on existing as well as new-to-bank customers.
Major Corporates, Financial Institutions and Navratna PSUs of the country are esteemed customers of the CAG BU.
The contact details of CAG Branches are provided below.
General Manager & Branch Head, State Bank of India, CAG Mumbai Branch,
Neville House, J. N. Heredia Marg,
Ballard Estate, Mumbai – 400001
General Manager & Branch Head, State Bank of India, CAG BKC Branch,
The Capital, A-Wing, 16th Floor, Bandra Kurla Complex,
Bandra (East), Mumbai – 400051
General Manager & Branch Head, State Bank of India, CAG New Delhi Branch,