ɪn ˈɔːɹdɚ tʊ ɐvˈɔɪd ˌɛni kˈɑːnflɪkt ʌv ˈɪntɹɛst wɪð ˌɛsbˌiːˈaɪ ˌɪntɚnˈæʃənəl, mɔːɹˈɪʃəs fˈɔːɹmɚli stˈeɪt bˈæŋk ˌɪntɚnˈæʃənəl, ɐnˈʌðɚ dʒˈɔɪnt vˈɛntʃɚɹ ˈɔfʃoːɹ kˈʌmpəni bᵻtwˌiːn ˌɛsbˌiːˈɛm ænd stˈeɪt bˈæŋk ʌv ˈɪndiə, ˌɛsbˌiːˈɛm dˌɪsɪnvˈɛstᵻd ɪts fˈoːɹɾi nˈaɪn pɚsˈɛnt ˈɛkwᵻɾi hˈoʊldɪŋ ɪn ˌɛsbˌiːˈaɪ ˌɪntɚnˈæʃənəl.
In order to avoid any conflict of interest with SBI International, Mauritius (formerly State Bank International), another joint venture offshore company between SBM and State Bank of India, SBM disinvested its 49 percent equity holding in SBI International.