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qn-dq €e'nd qn-fiq €d d'fi osBl STATE BANK OF INDIA The Listing Department, The Listing Department, BSE Limited, National Stock Exchange of lndia Limited, Phiroje Jeejeebhoy Towers, Exchange Plaza, Sth Floor, 25th Floor, Dalal Street, Plot No.: C 11, 'G'Block, Mumbai - 400001. Bandra Kurla Complex, Bandra (East), Mumbai - 400051. cc/s&B/sKJ2021t121 17.06.2021 Madam / Dear Sir, Sub: Disclosure under Regulation 23 (9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: Submission of half yearly Disclosure on Related Party Transactions ln compliance with Regulation 23 (9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith the disclosure on Related Party Transactions on consolidated basis and standalone basis also, in the format specified in accordance with applicable accounting standards for half year ended 31"t March,2021. Please take the above information on record Yours faithfully, (Sham K.) Asst. General Manager (Compliance & Company Secretary) ian uq @ bank.sbi \ +9r222274O84L/ 49 furW+<Aqn, Ylq{ silFr fr-€ ftqT.r, Shares & Bonds Dept, \ +9\222274t47617413L oTdfe b-{, oRdtz b-q, Corporate Centre, \ +9L2222742a42 14irl rndl, t}e i-o rt*c, rasi'iri{, r}e to qcq, l4thFloor, State Bank Bhavan, & +912222a55348 q6s 6nm ts. q-qrq drql +s, Madame Cama Road, +912222740527 qRT & 1j+{ - uoooQg, {r{fl :j.T$ - 80ooQ9, Mumbai - 400021, lndia Consolidated disclosure of related party transactions and balances for the half year ended March 31,2021 State Bank of India, the parent, along with its Subsidiaries, Joint Ventures and Associates constitute the Group. The related parties of the SBI Group are as follows: A) IOINT VENTURES: 1. C - Edge Technologies Ltd. 2. SBI Macquarie Infrastructure Management Pvt. Ltd. J. SBI Macquarie Infrastructure Trustee Pvt. Ltd. 4. Macquarie SBI Infrastructure Management Pte. Ltd. 5. Macquarie SBI Infrastructure Trustee Ltd. 6. Oman India Joint Investment Fund - Management Company Pvt. Ltd. 7. Oman India ]oint Investment Fund - Trustee Company Pvt. Ltd. 8. Jio Payments Bank Limited B) ASSOCIATES: i) Regional Rural Banks 1. Andhra Pradesh Grameena Vikas Bank 2. Arunachal Pradesh Rural Bank 3. Chhattisgarh Rajya Gramin Bank 4. Ellaquai Dehati Bank 5. Madhyanchal Gramin Bank 6. Meghalaya Rural Bank 7. Mizoram Rural Bank 8. Nagaland Rural Bank 9. Saurashtra Gramin Bank 10. Utkal Grameen Bank l"L. Uttarakhand Gramin Bank 12. Jharkhand Rajya Gramin Bank 13. Rajasthan Marudhara Gramin Bank L4. Telangana Grameena Bank ii) Others 15. The Clearing Corporatiolr oI India Ltd. 16. BankofBhutanLtd. 17. Yes Bank Limited 18. SBI Home Finance Ltd. (under liquidation) C) Key Management Personnel of SBI: 1.. Shri Rajnish Kumar, Chairman (upto 06.10.2020) 2. Shri. Dinesh Kumar Khara (From 07.10.2020) 3. Shri Dinesh Kumar Khara, Managing Director (upto 06.10.2020) 4. Shri Arijit Basu, Managing Director (upto 31".10.2020) 5. Shri Challa Sreenivasulu Setty, Managing Director 6. Shri Ashwani Bhatia, Managing Director 7. Shri. Swaminathan Janakiraman, Managing Director (From 28.01'.2021) 8. Shri. Ashwini Kumar Tewari, Managing Director (From 28.01'.2021) Transactions and Balances: o Transactions and balances with subsidiaries are eliminated on consolidation. a No disclosure is required in respect of related parties, which are "State controlled Enterprises" as per paragraph 9 of Accounting Standard (AS) 18. Further, in terms of paragraph 5 of AS 1,8, transactions in the nature of Banker-Customer relationship have not been disclosed including those with Key Management Personnel and relatives of Key Management Personnel. O Related Parties transactions entered into during the period are as follows: { in crore Associates/ Key Management Particulars Ioint Personnel & their Total Ventures relatives Transactions during the half year ended March 3'I..,2021 Interest Income 135.37 135.37 (4.92\ (-) (4.92\ Interest Expenditure 18.07 18.07 (0.s0) (-) (0.50) Income earned by way of Dividend (0.58) (J (0.58) Other Income 1,.02 1..02 (0.1,2\ (-) (0.12) Other Expenditure 0.74 0.74 (1.33) ( ; (1.33) Profit/(Loss) on Sale of 4.04 4.04 Land/Buildine/ Other Assets C) (-) C) Management Contract 37.94 0.82 38.76 (1,.7e\ (0.94) (2.73) Associates/ Key Management Particulars Joint Personnel & their Total Ventures relatives as on March 31,202't Borrowings C) ( ; (-; Deposit 1.,352.84 1,352.94 (748.31) (-) (748.31\ Other Liabilities 8.27 8.27 (28.35) ( ) (28.3s) Balances with Banks and Money at call and short notice (300.00) C) (3oo.0o) Investments 12,8't4.54 12,914.54 (11.,015.61\ (-) (11,015.61) -1,,434.76 Advances 1,434.76 (113.50) (; (113.50) Other Assets 188.39 188.39 (229.52\ C) (22e.52) Non-fund commitments (LCs/ BGs) 2,935.10 2,935.10 C) G) (J Maximum outstanding during the half year ended March 31,2021 Borrowings ( ( ) C) 1,543.06 1,543.06 Deposit (754.67\ ( ) (754.67\ Other Liabilities 8.27 8.27 (28.35) ( (28.35) Balances with Banks and Money at call and short notice (300.00) ( ; (300.00) Investment '14,551,.4't 1.4,551..41 (11.,0'15.61\ (-) (11,015.61) Advances 17,763.35 17,763.35 (113.50) (-) (113.50) Other Assets 188.39 188.39 (229.52) (J (22e.52) Non-fund commitments (LCs/BGs) 2,935.10 2,935.L0 C) ( ; (-) (Figures in brackets pertain to half year ended March 3'1.,2020) Standalone disclosure of related party transactions and balances for the half year ended March 31,2021 The related parties of the State Bank of India are as follows: l.Related Parties A SUBSIDIARIES i. FOREIGN BANKING SUBSIDIARIES '1,. Commercial Indo Bank LLC, Moscow 2. Bank SBI Botswana Limited 3. SBICanadaBank 4. State Bank of India (California) 5. State Bank of India (UK) Limited 6. SBI (Mauritius) Ltd. 7. PT Bank SBI Indonesia 8. Nepal SBI Bank Ltd. ii. DOMESTIC NON.BANKING SUBSIDIARIES 1. SBI Life Insurance Company Ltd. 2. SBI General Insurance Company Ltd. 3. SBI Cards & Payment Services Ltd. 4. SBI Funds Management Pvt. Ltd. 5. SBI Mutual Fund Trustee Company Pvt, Ltd 6. SBI Capital Markets Ltd. 7. SBICAP Trustee Company Ltd. 8. SBICAP Ventures Ltd. 9, SBICAP Securities Ltd. 10. SBI Global Factors Ltd. 11,. SBI- SG Global Securities Services Pvt. Ltd. 12. SBI DFHI Ltd. 13. SBI Pension Funds Pvt. Ltd. L4. SBI Payment Services Pvt. Ltd. 15. SBI Infra Management Solutions Pvt. Ltd. -1,6. SBI Foundation iii. FOREIGN NON-BANKING SUBSIDIARIES 1. SBICAP (Singapore) Ltd. 2. SBI Funds Management (International) Private Ltd 3. SLate Dank of India Servicos Limitada 4. Nepal SBI Merchant Banking Limited B. TOINTLY CONTROLLED ENTITIES 1.. C-Edge Technologies Ltd. 2. Jio Payments Bank Ltd. 3. SBI Macquarie Infrastructure Management Pvt. Ltd 4. SBI Macquarie Infrastructure Trustee Ltd, 5. Macquarie SBI Infrastructure Management Pte. Ltd 6. Macquarie SBI Infrastructure Trustee Ltd 7. Oman India Joint Investment Fund- Management. Company Pvt. Ltd. 8. Oman India Joint Investment Fund - Trustee Company Pvt. Ltd. C. ASSOCIATES Regional Rural Banks 1.. Andhra Pradesh Grameena Vikas Bank 2. Arunachal Pradesh Rural Bank 3. Chhattisgarh Rajya Gramin Bank 4. Ellaquai Dehati Bank 5. Madhyanchal Gramin Bank 6. Meghalaya Rural Bank 7. Mizoram Rural Bank 8. Nagaland Rural Bank 9. Saurashtra Gramin Bank 10. Utkal Grameen Bank 11. Uttarakhand Gramin Bank 12. Jharkhand Rajya Gramin Bank 13. Rajasthan Marudhara Gramin Bank 14. Telangana Grameena Bank ii. Others 1. The Clearing Corporation of India Ltd. 2. Bank of Bhutan Ltd. 3. Yes Bank Ltd. 4. SBI Home Finance Ltd. (under liquidation) D. Key Management Personnel of the Bank 1. Shri Rajnish Kumar, Chairman (upto 06.10.2020) 2. Shri. Dinesh Kumar Khara (From 07.1.0.2020) 3. Shri Dinesh Kumar Khara, Managing Director (upto 06.10.2020) 4. Shri Arijit Basu, Managing Director (upto 3'1,|1,0.2020) 5. Shri Challa Sreenivasulu Setty, Managing Director 6. Shri Ashwani Bhatia, Managing Director 7. Shri. Swaminathan Janakiraman, Managing Director (From 28.01'.2021) 8. Shri. Ashwini Kumar Tewari, Managing Director (From 28.0L.2021) Transactions and Balances: a No disclosure is required in respect of related parties, which are "State controlled Enterprises" as per paragraph 9 of Accounting Standard (AS) 18. Further, in terms of paragraph 5 of AS 18, transactions in the nature of Banker-Customer relationship have not been disclosed including those with Key Management Personnel and relatives of Key Management Personnel. a Related Parties transactions entered into during the period are as follows: ({ in crore Associates/ Key Management Particulars Joint Personnel & their Total Ventures relatives Transactions during the half year ended 31.t March,2021 138.58 138.58 Interest Income (4.8e) C) (4.89\ 17.94 17.94 Interest expenditure (0.50) C) (0,s0) Income earned by way of dividend (0.58) (-) (0.58) 0.50 0.50 Other Income C) (-) C) Other expenditure (-) G) C) Profit/(loss) on sale of land/building and other assets G) (-) (-) 0.82 0.82 Management contracts (-; (0.e4) (0.e4\ Outstanding as at 31't Marclu2021 Borrowings 1,351.05 1,351.05 Deposit (746.45\ ( ) (746.45) 7.83 7.83 Other Liabilities (0.06) ( (0.06) Balance with Banks and Money at call and short notice (300.00) C) (300.00) 12,520.51 12,520.51 Investment (11,003.36) (11,003.36) '1,434.76 1,,434.76 Advance (113.50) ( ) (113.50) 150.79 1.50.79 Other Assets (212.33\ ( ) (212.33) 2,935.10 2,935.10 Non-fund commitments (LCs/ BGs) C) ( ) G) Maximum outstanding during the half year ended 31't March,2021 Borrowings C) ( (; 'r,54:1.27 t,54r.27 Deposit (752.82\ ( (752.82\ 7.83 7.83 Other Liabilities (0.06) ( (0.06) Balance with Banks and Money at call and short notice (300.00) (-) (300.00) 12,520.51 12,520.51 Investment (11,003.36) (-) (11,003.36) Associates/ Key Management Particulars ]oint Personnel & their Total Ventures relatives 17,763.35 17,763.35 Advance (113.50) ( ; (113.50) 150.79 150.79 Other Assets (212.33\ (-) (212.33\ 2,935.10 2,935.10 Non-fund commitments (LCs/ BGs) G) (J (-) (Figures in brackets pertain to half year ended March 31.,2020).