STATE BANK OF INDIA (UK) LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-10-16 (in 5mo)
Last made up 2025-10-02
Watchouts
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Accounts
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe that the Bank has adequate resources to sustain operations for the period of at least 12 months from the date of approval of financial statements. Thus, the Bank has adopted the going concern basis of accounting in preparing the annual financial statements.”
Significant events
- “Throughout the fiscal year, the Bank has maintained its commitment to its vision of being the "Trusted and customer-focused financial partner of choice". This has been demonstrated through the expansion of product offerings, including the introduction of Development Finance and various Buy-to-Let and savings products. Furthermore, the Bank is engaged in the ongoing enhancement of its digital capabilities, specifically its mobile banking application, 'YONO SBI UK'. Recent improvements include streamlining the non-customer remittance process and introducing new deposit products accessible via the app.”
- “The lowering of the Bank of England base rate from 5.25% in March 2024 to 4.50% in March 2025 resulted in decreased interest income from floating rate loan portfolios.”
- “During the year, State Bank of India (UK) Limited made charitable donation of £1,000 to Cambridge Women's Aid (2024: £5,001 to the British Asian Trust and £5,001 to Shri. Venkateshwara Balaji Temple).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAKSHINAMURTHY, Venkateswaran | Director | 2026-04-28 | May 1973 | Indian |
| GRAY, Mark Russel | Director | 2024-08-22 | Jul 1962 | British |
| KUNCHA, Venkata Vamsidhar | Director | 2025-07-10 | Jul 1967 | Indian |
| MOORE, Diane Elizabeth | Director | 2026-02-06 | Apr 1962 | Irish |
| POLUDASU, Kishore Kumar | Director | 2025-11-04 | Aug 1967 | Indian |
| SANYAL, Sakuntala | Director | 2024-03-28 | Dec 1976 | Indian |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARORA, Rajeev | Director | 2021-06-18 | 2022-11-22 |
| AVASIA, Kalpesh Krishnakant | Director | 2018-05-23 | 2020-12-18 |
| BAINES, John Duncan | Director | 2017-10-05 | 2023-09-01 |
| BANSAL, Jayati | Director | 2022-11-22 | 2025-12-31 |
| BHAT, Varsha | Director | 2023-01-09 | 2024-03-28 |
| CHADHA, Sanjiv | Director | 2016-10-19 | 2019-02-01 |
| CHALASANI, Venkat Nageswar | Director | 2019-02-01 | 2021-05-01 |
| CHALASANI, Venkat Nageswar | Director | 2018-12-03 | 2019-02-01 |
| CHANDAK, Sharad Satyanarayan | Director | 2019-02-02 | 2022-11-15 |
| CHANDAK, Sharad | Director | 2018-11-25 | 2019-02-02 |
| HICKS, Steven Mark | Director | 2017-10-05 | 2024-12-31 |
| NAIK, Sanjay | Director | 2016-10-19 | 2023-09-01 |
| PANDA, Niraj Kumar, Mr. | Director | 2023-07-20 | 2025-08-13 |
| PANDEY, Sanjay | Director | 2020-12-18 | 2023-01-09 |
| RAINES, Catherine, Dr | Director | 2023-04-04 | 2026-04-03 |
| SENGUPTA, Siddhartha | Director | 2017-10-05 | 2019-01-31 |
| SHARMA, Sudhir, Mr. | Director | 2022-11-15 | 2025-09-08 |
| VARMA, Sujit Kumar | Director | 2017-10-05 | 2018-05-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Government Of India, Ministry Of Finance | Legal person | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-10-19 | Active |
Filing timeline
Last 20 of 79 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-29 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-12 | CH01 | officers | Change person director company with change date | |
| 2026-02-06 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-05 | AA | accounts | Accounts with accounts type full | |
| 2025-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-04 | AA | accounts | Accounts with accounts type full | |
| 2024-10-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-17 | CH01 | officers | Change person director company with change date | |
| 2024-09-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-24 | MORT MISC | mortgage | Mortgage miscellaneous | |
| 2024-04-09 | CH01 | officers | Change person director company with change date | |
| 2024-04-09 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 4
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
Latest filed period vs the prior one