Delegate Profile

Mr SACHIN KUMAR
Deputy General Manager
State Bank of India
India
 
Industry / Sector
Financial Services
Personal Profile
Sachin Kumar is a banker by profession. He is a Deputy General Manager (DGM) with the State Bank of India, International Banking Division at Corporate Centre, Mumbai. His current job profile is to look after credit portfolio of the Bank’s foreign offices located in Asia and MEWANA. State Bank of India (SBI) is the premier banking institution in India offering an exhaustive range of financial products and services to meet the specificities of every client and every business context. A Fortune 500 company, it has over 24,000 branches and 59,000+ ATMs. SBI also has an overseas presence through 209 foreign offices spread over 34 countries across the world. Sachin has been with SBI for over two decades. A post graduate in Physics from University of Delhi, he joined State Bank of India as a Probationary Officer in 1991. He has held various challenging assignments in the bank during the course of his career. He has done a two year long overseas stint at SBI’s foreign office in Hong Kong. He has headed the SBI branch located in the prestigious Indian Military Academy, Dehradun. Sachin has worked in Mid Corporate Vertical of the Bank, which specializes in looking after the financial needs of the mid corporate clients, in various capacities for more than 10 years. With the experience of being a banker for more than 25 years, he brings a vast knowledge in credit, foreign exchange and trade finance.
Company Profile
State Bank of India (SBI) is that country's largest commercial bank. The government-controlled bank--the Indian government maintains a stake of nearly 60 percent in SBI through the central Reserve Bank of India--also operates the world's largest branch network, with more than 13,500 branch offices throughout India, staffed by nearly 220,000 employees. SBI is also present worldwide, with seven international subsidiaries in the United States, Canada, Nepal, Bhutan, Nigeria, Mauritius, and the United Kingdom, and more than 50 branch offices in 30 countries. Long an arm of the Indian government's infrastructure, agricultural, and industrial development policies, SBI has been forced to revamp its operations since competition was introduced into the country's commercial banking system. As part of that effort, SBI has been rolling out its own network of automated teller machines, as well as developing anytime-anywhere banking services through Internet and other technologies. SBI also has taken advantage of the deregulation of the Indian banking sector to enter the bancassurance, assets management, and securities brokering sectors. In addition, SBI has been working on reigning in its branch network, reducing its payroll, and strengthening its loan portfolio.