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SBI DFHI Ltd.

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Sadhu Venkataramana Sastry

Hemal Doshi

Nitin Sharma

Kishore Kumar Karempudi

Bhavesh Kanakia

Shonit Sinha

Vijay Panda

Sallil Saran

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Finance

Marketing

Sales

SBI DFHI Ltd is a Primary Dealer, an institution created by RBI to support the book building process in Primary Auctions of Government securities and provide necessary depth and liquidity to the Secondary market in Government Securities.

We are a subsidiary of State Bank of India with impeccable lineage, created out of the amalgamation in 2004 of the two leading players in the domestic Money and Debt Markets, the RBI promoted Discount & Finance House of India (DFHI) and SBI Gilts Ltd., a subsidiary of India’s largest commercial bank. It is a market leader in the Primary Dealer segment of the domestic debt market, with a Net Worth of Rs. 1,118.77 crore (as on 31st March 2020) and a presence in all major financial centres of the country. It posted an impressive total turnover of Rs. 6,66,903 crore in Government Securities/SDL and Rs. 96,156 crore in Treasury Bills respectively for the financial year 2019-20.

As Primary Dealers, we trade in Fixed Income Securities (Treasury Bills, Government securities, State Development Loans, Non SLR Bonds, Corporate Bonds) and Short Term Money Market instruments (Certificates of Deposit, Commercial Paper, Inter-Corporate Deposits, Call & Notice Money Deposits). We are active in retailing of Government Securities, including small lots. We also actively participate in the domestic interest rate derivatives and equities/equity futures markets.

SBI DFHI Limited obtained a SEBI registered Investment Adviser licence in October 2016. The launch of the advisory services happened in March 2017. Our advisory services is being offered to institutional investors such as co-operative banks, pension and provident fund trusts etc.

The Company is led by a team of experienced professionals, backed by strong research capabilities and driven by core-values. The affairs of the Company are managed by the MD & CEO, an official of the rank of a Chief General Manager in SBI, under the overall supervision and guidance of a Board of Directors chaired by the MD (Global Banking & Subsidiaries) of SBI and comprising of reputed market professionals and academicians of eminence.