SBI Macquarie
About us
SBI Macquarie Infrastructure Management Private Limited brings together the recognised infrastructure investment, fund management, project finance and broad Indian business experience of the State Bank of India (SBI), Macquarie Capital and the International Finance Corporation (IFC). The result is a fund management team with strong Indian relationships, a deep understanding of India’s infrastructure investment market and its associated risks, and extensive global experience in infrastructure investment and management.
Further information on each of SBI, Macquarie Capital and IFC is provided below.
State Bank of India is India’s largest bank by market capitalisation, balance sheet, and branch network. SBI is the flagship of SBI Group, which, with around 165 million customers is one of the largest financial groups in Asia. SBI has a global network of more than 12,500 branches and offices, and has strong relationships with approximately 80 per cent of large Indian corporates. It also enjoys very strong relationships with India’s federal and provincial governments and regulators. SBI is consistently ranked among the world’s top project finance lenders and arrangers, and is the only Indian bank in both the Fortune Global 500 list and the top 100 banks in the world.
SBI has a proud history of providing high quality financial services to individuals and businesses in India and around the world, and its brand is synonymous with values, strength and safety.
As at 31 March 2010, SBI had deposits of Rs804,116 crores ($US179 billion) and advances of Rs641,480 crores ($US143 billion). The bank posted a net profit of Rs9166 crores ($US2 billion).
Macquarie Capital a subsidiary of Macquarie Group Limited, is a global leader in infrastructure investment and management. As at 31 March 2010, Macquarie Capital had over $US88 billion of total assets under management and $US36 billion of equity under management, with approximately 500 experienced investment professionals located in 16 countries managing 42 funds in total. Our in-depth operational expertise and active management, combined with access to the proprietary deal sourcing capability of the Macquarie Group provide a unique competitive advantage. In India, the Macquarie Group provides specialist investment, advisory and financial services for the local market. Macquarie Capital and Macquarie Securities Group have a significant and growing presence in India, with professionals working across fund management, investment advisory and securities research and brokerage.
International Finance Corporation (IFC) is a member of the World Bank Group. IFC promotes sustainable economic growth in developing countries by supporting private sector development, mobilising private capital, and providing advisory and risk mitigation services to businesses and governments.
India and the infrastructure sector are important priorities for IFC. India now represents IFC’s single largest committed investment exposure. Since 1956, IFC has invested in over 260 Indian companies, including new commitments of approximately $US1 billion in both 2007 and 2008.
In India, IFC’s strategy is to promote inclusive growth by increasing access to infrastructure and finance, focusing on low-income, rural, and fragile regions, and making climate change central to its approach in both investments and advisory services. IFC focuses on supporting private sector-led development through direct investment and advisory services that promote growth and competitiveness.