Compliance Department - International Banking

About Compliance, IBG

State Bank of India has a policy of a Zero tolerance to non-compliance of regulatory requirements and follows the stricter of the host country or home country regulations. We strive to follow the spirit and letter of the law, banking regulations and regulatory guidelines and endeavour to enable our foreign offices and foreign banking subsidiaries to secure the best regulatory rating in the geographies they operate in.

Compliance department in IBG is responsible for maintaining oversight on the Compliance functions of Foreign Offices besides acting as a link between Bank’s Group Compliance Department, Corporate Centre and the compliance departments of various foreign offices