We are Primary Dealers- an institution created by RBI to support the book building process in Primary Auctions of Government securities

and provide necessary depth and liquidity to the Secondary market in Government Securities. SBI DFHI LTD is a State Bank of India Group Company with impeccable lineage, created out of the merger in 2004 of the two leading players in the domestic Money and Debt Markets, the RBI promoted Discount & Finance House of India (DFHI) and SBI Gilts Ltd, a subsidiary of Indias largest commercial bank. It is a market leader in the Primary Dealer segment of the domestic debt market, with a Net Worth of Rs.852.69 crores (as on 31st March 2011) and a presence in all major financial centers of the country. It posted an impressive total outright turnover in secondary market of Rs.1,35,351 crores in Government Securities/SDL and Rs.85,628 crores in Treasury Bills respectively for the financial year 2010-11. As Primary Dealers, we trade in Fixed Income Securities (Treasury Bills, Government securities, State Development Loans, Non SLR Bonds, Corporate Bonds) and Short Term Money Market instruments (Certificates of Deposit, Commercial Paper, Inter- Corporate Deposits, Call & Notice Money Deposits). We are active in retailing of Government Securities, including small lots, and are the distributors of Mutual Fund products of all leading funds. We also actively participate in the domestic interest rate derivatives and equities/equity futures markets. The Company is led by a team of experienced professionals, backed by strong research capabilities and driven by core-values. The affairs of the Company are managed by the MD & CEO , an official of the rank of a Chief General Manager in SBI, under the overall supervision and guidance of a Board of Directors chaired by the Chairman of SBI and comprising of reputed market professionals and academicians of eminence.