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Sbm Bank
3.5
based on 88 Reviews
Video summary
Company Overview
Company Locations
Working at Sbm Bank
Company Summary
SBM Bank India offers Private banking & corporate banking solutions primarily catering to NRIs, HNIs & UHNIs for services like Accounts & Deposits, Cards & Loans.
Overall Rating
3.5/5
based on 88 reviews
8% below
industry average
Critically rated for
Promotions, Job security, Skill development
Work Policy
Work from office
74% employees reported
Alternate Saturday off
57% employees reported
Flexible timing
54% employees reported
No travel
52% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
4 employees reported
Job/Soft skill training
3 employees reported
Cafeteria
2 employees reported
Professional degree assistance
1 employee reported
View detailed benefits
About Sbm Bank
Founded in--
India Employee Count51-200
Global Employee Count--
Headquarters--
Office Locations
--
Websitesbmbank.co.in
Primary Industry
Other Industries
--
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View in video summary
SBM Bank India creates an exceptional banking experience through Corporate, Retail, and Treasury divisions. As a digital-forward and tech-first premium banking institution, SBM Bank India offers a suite of best-in-class solutions designed for personalized experiences. The bank commenced its operations in India on December 1, 2018, and is accredited by the RBI through the Wholly-Owned Subsidiary route.
Part of a multinational group, SBM Bank India leverages its parent’s market presence in Asia and Africa to provide seamless products and solutions, trailblazing the financial landscape with creative wealth thinking.
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Sbm Bank Ratings
based on 88 reviews
Overall Rating
3.5/5
How AmbitionBox ratings work?
5
30
4
17
3
20
2
3
1
18
Category Ratings
3.7
Work-life balance
3.5
Salary
3.3
Company culture
3.3
Work satisfaction
3.2
Skill development
3.1
Job security
3.1
Promotions
Sbm Bank is rated 3.5 out of 5 stars on AmbitionBox, based on 88 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Sbm Bank
based on 86 reviews
3.2
Rated by 21 Women
Rated 3.8 for Work-life balance and 3.4 for Salary
3.6
Rated by 65 Men
Rated 3.6 for Work-life balance and 3.6 for Salary
Work Policy at Sbm Bank
based on 30 reviews in last 6 months
Work from office
74%
Hybrid
26%
Sbm Bank Reviews
Top mentions in Sbm Bank Reviews
Compare Sbm Bank with Similar Companies
 |  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 3.5/5 based on 88 reviews | 3.5/5 based on 273 reviews | 3.7/5 based on 310 reviews | 3.6/5 based on 275 reviews |
Highly Rated for |  No highly rated category | No highly rated category | Work-life balance | No highly rated category |
Critically Rated for | Job security Promotions Skill development | Promotions Job security Skill development | Salary | Skill development Work-life balance Work satisfaction |
Primary Work Policy | Work from office 74% employees reported | Work from office 69% employees reported | - | Work from office 82% employees reported |
Rating by Women Employees | 3.2 Average rated by 21 women | 3.9 Good rated by 34 women | 4.0 Good rated by 79 women | 4.2 Good rated by 16 women |
Rating by Men Employees | 3.6 Good rated by 65 men | 3.5 Good rated by 220 men | 3.5 Good rated by 194 men | 3.6 Good rated by 241 men |
Job security | 3.1 Average | 3.2 Average | 3.6 Good | 3.5 Good |
View more
Sbm Bank Salaries
Sbm Bank salaries have received with an average score of 3.5 out of 5 by 88 employees.
Deputy Manager
(39 salaries)
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₹4.5 L/yr - ₹10.8 L/yr
Assistant Vice President
(22 salaries)
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₹24 L/yr - ₹36.8 L/yr
Relationship Manager
(15 salaries)
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₹6.1 L/yr - ₹13 L/yr
Deputy Vice President
(14 salaries)
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₹26 L/yr - ₹43 L/yr
Officer
(12 salaries)
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₹2 L/yr - ₹5.5 L/yr
Deputy Manager Operations
(7 salaries)
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₹4.4 L/yr - ₹10 L/yr
Location Head
(7 salaries)
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₹15.7 L/yr - ₹26.5 L/yr
Credit Analyst
(6 salaries)
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₹7.8 L/yr - ₹19 L/yr
Brach Operation Manager
(6 salaries)
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₹6.5 L/yr - ₹30.6 L/yr
Associate Vice President
(5 salaries)
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₹14 L/yr - ₹25.1 L/yr
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Popular Designations Sbm Bank Hires for
Relationship Manager
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Sales Executive
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IT Administrator
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Popular Skills Sbm Bank Hires for
Current Openings
Sbm Bank News
RBI grants “in-principle” approval to Emirates NBD Bank PJSC to set up WOS in India
- RBI has granted ‘in-principle’ approval to Emirates NBD Bank PJSC to establish a Wholly Owned Subsidiary (WOS) in India, making it the third foreign bank to do so.
- Earlier, SBM Bank (India) Limited and DBS Bank India Limited were approved for WOS in 2017 and 2018 respectively, and commenced operations in 2018 and 2019.
- Emirates NBD Bank PJSC, currently operating in India through branches, will convert its branches into a WOS after complying with RBI conditions.
- The WOS of Emirates NBD Bank PJSC will be treated equally with existing foreign bank branches in India for expansion, as per RBI regulations.
HinduBusinessLine | 20 May, 2025
RBI’s Pivot Drives Investors To Bet On Gain In Indian Bonds
- Investors are positioning for a rally in Indian bonds on bets the central bank will go for more interest-rate cuts this year to power the economy.
- The nation's benchmark 10-year yield may drop to 6.4% by June, according to SBM Bank (India) Ltd.
- Trust Mutual Fund predicts a decline to as low as 6.25% by December.
- After its first easing in five years last month, the Reserve Bank of India may consider further interest-rate reductions.
Bloomberg Quint | 10 Mar, 2025
Bank Partnerships Add Value, But Can’t Sustain Fintech Startups: Jupiter CEO Jitendra Gupta
- Jupiter CEO Jitendra Gupta believes in maintaining a fine balance between partnerships with traditional lenders and innovation in neobanking to ensure success.
- Jupiter is set to acquire a stake in Mauritius-based SBM Bank, following Slice becoming the first startup to acquire a stake in North-East Small Finance Bank in 2023.
- Founded in 2019, Jupiter offers various financial services and has raised $170 Mn from investors.
- Jupiter narrowed its losses by 16% to INR 275.94 Cr in FY24 with a significant revenue growth and wider margins.
- CEO Gupta emphasizes the importance of unique solutions, customer satisfaction, and future-proof platforms for fintech sustainability amidst regulatory challenges.
- Gupta stresses the need to balance innovation with regulatory compliance, integrate compliance early, and focus on long-term trust and profitability.
- Jupiter is advised to stay focused on solving meaningful problems, delivering value, and maintaining a deep understanding of the market for successful fundraising.
- VC sentiment towards the Indian fintech ecosystem is positive, with emphasis on sustainable business models and clear paths to profitability.
- Investors now focus on compliance frameworks, adapting to regulations, and building user trust in the post-RBI crackdown era.
- Jupiter's governance emphasizes strong boards, diverse expertise, best practices, and a transparent, ethical framework.
Inc42 | 4 Mar, 2025
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Sbm Bank FAQs
How many employees does Sbm Bank have in India?
Sbm Bank currently has approximately 100+ employees in India.
Does Sbm Bank have good work-life balance?
Sbm Bank has a Work-Life Balance Rating of 3.7 out of 5 based on 80+ employee reviews on AmbitionBox. 53% employees rated Sbm Bank 4 or above, while 47% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Sbm Bank work-life balance reviews for more details.
Is Sbm Bank good for career growth?
Career growth at Sbm Bank is rated as moderate, with a promotions and appraisal rating of 3.1. 47% employees rated Sbm Bank 3 or below, while 53% employees rated it 4 or above on promotions / appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Sbm Bank reviews for more detailed insights.
What are the cons of working in Sbm Bank?
Working at Sbm Bank does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, job security and skill development, based on 80+ employee reviews on AmbitionBox.
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