what is sbm bank

SBM Bank India is a subsidiary of the State Bank of Mauritius and was the first bank to receive a banking license from the Reserve Bank of India to establish a universal banking business in India as a wholly-owned subsidiary. It focuses on retail banking products under the brand "SBM Private Wealth" and customized wholesale banking products. SBM Bank Kenya Limited, previously known as Fidelity Commercial Bank Limited, is a commercial bank in Kenya, licensed by the Central Bank of Kenya. It is a medium-sized retail bank, serving mainly the urban areas of Nairobi and Mombasa.