State Bank Of India

State Bank of India (SBI), the country's largest lender is planning to offer funds to Indian companies looking to use Mauritius as a gateway for investments in Africa. SBI Mauritius is a foreign subsidiary of SBI, began operations as a joint venture with the country's local banking major State Bank of Mauritius (SBM). With this initiative, the company aims to boost its expansion plans.

The bank has 15 branches and 19 ATMs in this small island nation. It operates in both offshore and local banking segments, servicing retail, corporate and SME clients.