State Bank of Mauritius (SBM) has hired two senior bankers and will infuse more capital into India as it prepares the ground to launch full-fledged operations in the country. Earlier this month, former ICICI executive Siby Sebastian joined the bank to head its Indian operations following former IndusInd Bank executive J Moses Harding who had joined the bank as an advisor to the chairman and board of directors of SBM Holdings, the holding company of the bank four months ago.