Moon Banking

State Bank of India

in Australia 🇦🇺

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About State Bank of India in Australia

State Bank of India (SBI) Australia is the Australian branch of India's largest public sector bank. Operating as a foreign bank branch in Australia, it specializes in facilitating trade and financial flows between India and Australia. The bank primarily serves Indian corporates operating in Australia, non-resident Indians (NRIs), and businesses engaged in India-related commerce.

SBI Australia holds an Australian Financial Services License (AFSL 238340) and operates under the regulatory oversight of the Australian Prudential Regulation Authority (APRA), while its parent bank is regulated by the Reserve Bank of India.