State Bank of India Update by Epic Research

State Bank of India (SBI), the country’s largest public sector bank, has signed a loan agreement with the Japan Bank of International Cooperation (JBIC) to set up an export credit line in two currencies worth $152 million. The loan is co-financed with the Bank of Tokyo-Mitsubishi UFJ (BTMU) which brings the total co-financing amount to JPY 13.5 billion and $21 million approximately.





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