Welcome to SBI-SG Global Securities Services Pvt. Ltd.

About Us


State Bank of India (SBI) is the largest commercial public sector bank in India. It is a government owned entity headquartered in Mumbai, India. SBI has been ranked 221st amongst the Fortune 500 Global list of the world's biggest corporations of 2020.

SBI is a financial conglomerate having significant presence in all aspects of financial services including banking, credit cards, insurance, factoring, custodial services and mutual funds amongst others. SBI, the flagship company of the group (Formerly known as Bank of Calcutta) was founded in 1806. It was the first bank established in India & various momentum phases of change and transformation led to evolution of State Bank of India (SBI). SBI represents a sterling legacy of over 200 years. It is the oldest commercial bank in the Indian subcontinent which has overseas presence across 32 countries all over the world with 233 foreign offices.

The Bank is India’s largest commercial Bank in terms of assets, deposits (market Share 22.84%), Advance (Market share 19.69 %). Total Assets of the bank as on 31st March 2020 stands at INR 39,51,394 Cr. SBI has gained INR 68,133 Cr. operating profit in FY 2020. Being a Fortune 500 company, SBI has stepped in the league of top 50 global banks with a balance sheet size of close Rs 40 lakh cr, over 22,000 branches and 58,000+ ATMs serving close to 45 Cr customers consequent to the merger of its five Associate Banks and Bharatiya Mahila Bank on 1st April 2017.


Societe Generale was founded by a group of entrepreneurs in 1864 to promote the development of trade and industry in France. For over 150 years, Societe Generale has been constantly innovating to better serve its customers. It has embraced its role of supporting companies’ development. Today, Societe Generale continues to cultivate this entrepreneurial spirit as we build our future together. Its intent is to work with all to build relationships based on trust, fairness and transparency.

SGSS provides a full range of securities services that are adapted to the latest financial markets and regulatory trends with an ambition to be the reference partner in main markets, recognized for the service quality, competitiveness, agile solutions and international network coverage. SGSS strives to build long-lasting, collaborative relationships with clients to help them go further in their development. In today’s constantly evolving and complex world, SGSS strive to provide our clients with increasingly efficient and reliable securities services on a daily basis to ensure they get ahead. SGSS has EUR 4,327 billion of Assets under Custody and EUR 613 billion of Assets under Administration. It provides trustee services to 3,291 funds and valuation for 4,324 funds. (Figures as of September 2020).

Awards & Certifications

SBI-SG has been rated as one of the leading custodians in India in the Global Custodian magazine’s Agent Banks and Emerging Markets Survey in 2020.

SBI-SG is the only Mutual Fund Administrator from India to be rated and featured in the Global Custodian magazine in 2021. Our scores are better than the global average in each of the service category.

SBI-SG has been rated #1 custodian in India in the Global Investor/ISF Sub-Custody survey.

SBI-SG is certified ISAE 3402 Type II for its custody and fund accounting operations

  • SBI Bank was awarded as “The Best Trade Finance Bank (India) - 2019”
  • SBI Bank was rated the Best Transaction Bank in India by “The Asian Banker” – 2019
  • SBI was recognized as the Best Payment Bank in India” by The Asian Banker and “Best Cash Management House in India” by Corporate Treasurer in 2019
  • SBI Bank was awarded as “The Best Trade Finance Bank (India) - 2019”
  • SBI Bank received “Green Bond Pioneer Award” for being the largest new emerging markets Certified Climate Bond issuer of 2018 by Climate Bond Initiative.
  • SBI Bank was also awarded ‘Best MSME Bank Award-Large bank’ by CIMSME.
  • CSI IT Innovation & Excellence Awards 2018” - Best BFSI for Implementation of Digital Transformation (Dec 2018).
  • ABP News BFSI Award 2018” - Best Bank in Technology Orientation - November - 2018
  • The Economic Times BFSI Innotribe Summit and Awards, 2018.
  • PMI India Awards – (Project-CBS Merger of e-Associate Banks and e BMB) - 2018
  • State Bank of India has won the National Award for highest SHG Bank linkages – 2018
  • Societe Generale Securities Services (SGSS) Russia ranked #1 in emerging Europe by Global Custodian
  • SGSS awarded best sub-custodian bank 2020 by Global Finance
  • Societe Generale Securities Services was awarded “Best Sub-Custodian of the Year 2019” in four different countries by Global Finance (Ivory coast, Tunisia, Russia, Romania)
  • Societe Generale Securities Services awarded "Custodian of the Year – Italy" – Custody Risk Award 2018
  • Societe Generale Securities Services was awarded “Best Sub-Custodian of the Year 2018” in five different countries by Global Finance (Ivory coast, Morocco, Tunisia, Russia, Romania)
  • Societe Generale Securities Services received the "Client Clearing Broker of the Year", "Transfer Agent of the Year" also the "Sub-Custody Survey 2018" awards from Global Investor
  • Societe Generale Securities Services was honoured with the Leading Client Awards for its services in Middle East and North Africa (MENA) – Global Custodian 2018
  • To know more about SGSS, visit www.securities-services.societegenerale.com
Our Board of Directors
Mr. Sadhu Venkataramana Sastry
(DIN - 07972562)
Non-Executive Chairman
Mr. Sangeet Shukla
(DIN - 02844203)
Non-Executive Director
Mr. Mihir Mishra
(DIN – 08321878)
Non- Executive Director
Mr. David Abitbol
(DIN – 08310517)
Non-Executive Director
Mr. Nathan Derhy
(DIN -02233922)
Non-Executive Director
Mr. Ashwani Sindhwani
(DIN – 07555408)
Independent Director
Mr. Mayur Kisnadwala
(DIN - 02068828)
Independent Director
Ms. Uma Shanmukhi Sistla
(DIN - 08165959)
Managing Director
Mr. Nicolas Gonzalez
(DIN – 0008509273)
Deputy Managing Director
Our Policies

SBI-SG Global Securities Services Pvt. Ltd (SBI-SG) is a SEBI registered Custodian and as a SEBI registered intermediary adopts the best practices and greater transparency in their operations. The Company has laid down the following set of guidelines / corporate governance practices to create value for the stakeholders viz. the shareholders, employees, customers, society at large etc.

Anti-Money Laundering & Know Your Client(KYC)Policy The Company is registered as a Custodian under Section 12 of the SEBI Act, 1992. The Company has accordingly formulated its Anti Money Laundering & KYC policy adhering to all the rules and regulations applicable for SEBI registered intermediaries, under the Prevention of Money Laundering Act, 2002 and the Rules made there-under.

Grievance Redressal Policy Customer service is the most important tool for sustained business growth. As a service organization, customer service and customer satisfaction are our prime focus. We believe that providing prompt and efficient service is essential not only to attract new customers, but also to retain existing ones. We have to put in place initiatives that are oriented to providing a better customer service and a better complaints redressal mechanism - with a view to serve our clients better. The policy, on grievance redressal has been formulated taking into account the following: