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About Us

SBI Canada Bank [SBIC] was established in 1982 and is a wholly owned subsidiary of State Bank of India [SBI] which is the largest Commercial Bank of India.

  • SBIC is a Schedule II Canadian Bank listed under the "Bank Act".

  • SBIC is a member of Canadian Deposit Insurance Corporation (CDIC).

  • SBIC is rendering service to Canada for the last 36 years. The Bank offers variety of products and services to its customers. These encompass retail, commercial, corporate, trade, treasury and remittance needs of our clients.

  • The Bank is guided in its mission by its Board of Directors, numbering 10, half of whom are Canadian resident n-affiliates members.

  • The Management team is headed by P&CEO who is supported by a team of Senior Management with oversight functions of Credit Management, Risk Management, Legislative Compliance, Operations, Financial Control, Audit, IT, HR and Business Development.

  • SBIC operates through its six branches. Four of these Branches are situated in GTA and 2 are situated in BC.

  • Greater Toronto Area - Toronto, Mississauga, Scarborough, & Brampton.

  • British Columbia - Vancouver & Surrey.

  • The vision of SBIC is to endeavour and offer excellent service to all our customers.

  • The employees of SBIC are well trained and fluent in different languages.

Management Team

Click below to get a list of our Senior Executives and their contacts.

The History of SBI

“The origin of the State Bank of India goes back to the first decade of the nineteenth century with the establishment of the Bank of Calcutta in Calcutta on 2 June 1806”.

Suggestions Form

“At SBIC, we appreciate your feedback and are constantly evaluating