Strategic Initiative and Advisory

Strategic Initiatives and Government Advisory (SIGA) is a specialized division of our Bank that manages government relationships and strategic advisory. The division has developmental expertise in key sectors such as Infrastructure (including Social Infrastructure), Agriculture, Tourism & Hospitality, and e-Governance.

The core focus of  SIGA is to cement our Bank’s relationships with apex stakeholders and governments with a special emphasis on Central and State Governments. SIGA has achieved significant success by getting our Bank empanelled in several states and Public Sector Enterprises to take the banking business under their purview. In addition, the division has initiated some very successful international affiliations for the Bank to create strategic business opportunities.

The division works with the government through policy advocacy, project advisory, and development support particularly in attracting private sector investments for development through Public-Private Partnerships (PPP), in addition to enhancing Industry-University relations, creation of Knowledge publications and addressing stakeholders at industry-led events. Through these efforts, we have been able to contribute to the development of key sectors, and also position its knowledge capabilities, sectoral expertise and capture the mindshare of niche stakeholders and thought leaders, thus creating opportunities for other business groups.

The SIGA division also works towards creating strategic opportunities to enhance business for the Branch Banking division of the Bank. Headquartered in New Delhi at the Bank’s Global Innovation Centre, the division also has presence in Mumbai, Bangalore and Hyderabad.