Friday 19 September 2014
 
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State Bank of India

SBI to bail out Kingfisher: Report

India's State Bank of India (SBI) has decided on Rs16.5 billion ($334.62 million) loan package to help troubled Kingfisher Airlines overcome a cash crunch, the Hindustan Times newspaper reported on Wednesday. The newspaper quoted an unide

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Top Indian bank plans Mideast expansion

State Bank of India (SBI), India's largest commercial bank, celebrated its fifth anniversary in Bahrain with a gala dinner at the Sofitel Bahrain Zallaq Thalassa Sea and Spa hotel. Guests from Bahrain's banking and finance industry

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SBI opens new branch in Bahrain

State Bank of India (SBI), the country's largest banking and financial services company, has opened its new branch in Riffa area of Bahrain. Indian Overseas Affairs and Civil Aviation Minister Vayalar Ravi inaugurated the branch i

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SBI to give financial services to EDC members

Dubai Export Development Corporation (EDC) has signed a MoU with State Bank of India (SBI – DIFC Branch) under which the bank will provide financial support and services to EDC members comprising of exporters and manufacturers in the UAE.

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Top Indian bank starts services from DIFC

India's top bank State Bank of India (SBI), has started providing a complete range of corporate banking services from its base in the Dubai International Financial Centre (DIFC). Global Fortune 500-listed SBI said it has received a full ba

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State Bank of India to open more branches

State Bank of India (SBI) is to expand its operations in Bahrain by opening two more retail branches, it was revealed. SBI, India's largest bank, which has its presence in Bahrain since 1977, will also extend the range of services offe

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Three India state firms to manage pensions by June

Three Indian state-run firms will start managing the government's new pension fund of more than 20 billion rupees ($503 million) from the end of June next year, the pension fund regulator said. State Bank of India, Life Insurance Corp and

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SBI to start Saudi operations

The State Bank of India (SBI) will begin its operation in Saudi Arabia early next year, Saudi Ambassador to India Saleh Mohammed Al Ghamdi said. The SBI is going to open its full-fledged branch very soon following the clearance given by Sa

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