The Reserve Bank of India Saturday said it has approved merger of SBM (Mauritius), India with SBM Bank (India). "The Reserve Bank of India has sanctioned the Scheme of amalgamation of the entire ...

Port-Louis – SBM Bank (Mauritius) Ltd (SBM Bank), one of the leading banking institutions in Mauritius, and the Eastern and Southern African Trade and Development Bank Group (TDB Group) have signed a ...

SBM Bank Kenya and Mauritius-based lender AfrAsia Bank have now withdrawn a $7.5 million (Sh971.89 million) deposit dispute from court to pave way for negotiations, although the Kenyan lender says it ...

REPUBLIC OF MAURITIUS/DENVER, COLORADO – October 12, 2017 – The State Bank of Mauritius, SBM Group and FinTech service provider SALT (www.SaltLending.com), creators of the first blockchain-backed loan ...

SBM Bank India, a part of Mauritius-based SBM Group, is looking to foray into the unsecured credit card segment to diversify its product portfolio and ramp up its retail business. The bank is planning ...

(Reuters) - Mauritius banking group SBM Holdings said on Wednesday that its Indian operations suffered a cyber fraud earlier in the week, and that the bank has potentially lost up to $14 million. SBM ...

SBM Holdings Ltd. slumped to a four-year low after the owner of Mauritius’s second-biggest lender said its uncovered another fraud at its operations. The stock dropped as much as 7.7 percent and ...