Press release

SBI enlightens Egyptian bankers on MSME Financing

Mumbai, May 13, 2016:

State Bank of India (SBI) played host to senior

commercial bankers from Egypt on a study tour on MSME units in India. The
visit was organized by the Egyptian Banking Institute and coordinated in India
by the Indian Institute of Banking & Finance.

The Bankers delegation was welcomed by Smt. Anshula Kant, Deputy Managing
Director & Chief Financial Officer, SBI. Smt. Anshula Kant also explained them

the unique history, legacy and evolution of largest bank in India, State Bank of
India and thrust given by the Bank for lending to the MSME sector.
The team from SME Banking Unit, led by Shri G.K.Kansal, Chief General Manager
enlightened the guests on Financing to MSME units, Banks recent initiatives
including digital banking and on-line lending to the sellers on e-commerce
platforms and taxi aggregators.
The Banks performance under Government of India schemes such as Prime
Ministers Mudra Yojana and the recently launched Stand Up India was also
highlighted to the delegation.
The event was followed by a lively Q&A session and the delegation headed by
Samar Mostafa Mohamed AbdelHadi, was impressed with the diverse product
range of SBI in its offerings to the SME sector, role played in development of the
sector and the strides made by the Bank.