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State Bank of India (SBI) to Offer Full Banking Services in Singapore

March 27th, 2008 · No Comments

The Monetary Authority of Singapore (MAS) has granted the State Bank of India (SBI) a qualifying full bank license according to Reuters.

The license allows the State Bank of India (SBI) to deliver a full suite of banking services to Singapore.

The move comes as the deadlock has been lifted between the two nations over the 2005 Comprehensive Economic Cooperation Agreement (CECA).

Tags: India Investment

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