Corporate Accounts Group (CAG) - Business

Corporate Accounts Group (CAG)

Corporate Accounts Group (CAG) is a dedicated vertical of the Bank. It handles SBI’s ‘high-value corporate relationships’ as a specialized and efficient delivery platform. The CAG vertical has five specialized Branches located in India’s top three commercial centres, namely Mumbai, New Delhi, and Chennai.

Four branches of CAG vertical 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. CAG Mumbai branch also has a Foreign Institutional Investment Cell mandated with supporting requirements of FDI, FPI, AIF, Custodians, etc.

The business model of Corporate Accounts Group is based on the relationship management concept, and each corporate/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. The prime objective of the plan is to make SBI the first choice of top corporates.

The fifth branch viz. Financial Institutions Branch at Mumbai is headed by a Deputy General Manager. The F. I. Branch formerly Capital Markets branch, provides seamless services delivery to Financial Institutions clients. It provides:

• Intraday facility to Stockbrokers, Mutual Funds & Insurance companies
• Bank Guarantees & e FDR for keeping margin with exchanges, as well as other banking products and services

F.I. Branch serves as ‘Banker to Issue’ for SEBI and handles all IPOs, Debt & Rights Issues for your Bank as Nodal Branch. It also handles QIPs of the Corporates and maintains Settlement Accounts of Exchanges viz., NSE, BSE, MCX, Indian Power Exchange, Indian Gas Exchange and Indian Energy Exchange.

To align with the changing banking landscape, a specialized unit viz. Corporate Solutions Group (CSG) has been created within CAG vertical to cater to customers’ other than credit requirements e.g. Supply Chain Financing, Transaction Banking, etc.

Major Conglomerates, Financial Institutions and Maharatna/ Navratna PSUs of the country are esteemed customers of the CAG vertical.

The contact details of CAG Branches are provided below.