Gurugram, Sep 08: SBM Bank Ltd. today inaugurated its new branch in Gurugram in the presence of H.E. Mrs. Sheilabai Bappoo Gosk, High Commissioner of the Republic of Mauritius, and Dr. Narhari Bangar, IAS, MD, CONFED Haryana, marking an important step in the Bank‘s expansion across the Delhi – National Capital Region.

Located at SCO 100, Sector 45, HUDA Market, Gurugram, Haryana – 122003, the new branch reinforces SBM Bank India‘s commitment to serving the region’s growing base of affluent customers, professionals, entrepreneurs and businesses, while strengthening its broader retail banking and wealth management strategy.

The inauguration ceremony was attended by SBM Bank India’s leadership team, including Mr. Amit Jagdhari, Executive Director & CFO, Mr. Amol Rane, Head – Branch Banking, and Mr Anil Kumar, Regional Head- North, along with customers, business partners and distinguished guests.

Speaking at the event, H.E. Mrs. Sheilabai Bappoo Gosk, High Commissioner of the Republic of Mauritius, said,

 “I am delighted to witness SBM Bank India‘s continued growth in India and congratulate the Bank on this important milestone. This expansion reflects the Bank’s commitment to sustainable growth and underscores the strong and enduring relationship between Mauritius and India.”

Dr. Narhari Bangar, IAS, MD, CONFED Haryana, said,

 “The opening of this branch is a welcome addition to Gurugram‘s financial ecosystem. I congratulate SBM Bank India and wish the Bank continued growth and success in serving the region’s evolving banking needs.”

Speaking on the occasion, Mr. Amol Rane, Head – Branch Banking, SBM Bank India, said, 

Gurugram is one of India‘s most vibrant centres for entrepreneurship, wealth creation and business growth. We are excited to strengthen our presence in a city where customers and businesses are shaping the future. Through SBM Bank India’s personalised service and digitally enabled banking solutions, we aim to deepen customer engagement across the region and support their evolving financial aspirations. With 23 branches across India, we continue to expand thoughtfully in high-potential growth markets.”

As part of its evolving retail banking strategy, digital transformation remains central to SBM Bank India‘s next phase of growth. The Bank recently expanded its digital wealth proposition through the launch of an online mutual fund investment platform powered by Sprint Money.

Available through the Bank‘s Mobile Banking and Internet Banking applications, the platform enables customers to invest seamlessly across a wide range of mutual fund schemes. Customers also benefit from access to Morningstar ratings, portfolio analytics and comprehensive fund information, helping them evaluate investment opportunities and make informed decisions aligned with their financial goals and risk preferences. The launch marks an important step in SBM Bank India‘s journey towards building a broader financial services ecosystem and delivering enhanced customer experiences by bringing together banking, investment and wealth creation solutions within a seamless digital platform.

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