NEWS & ADVICE : CAR LOANS
SBI sketching out expansion plan for Gulf countries
By Vaibhav Aggarwal
Feb 1, 2012
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The largest lender in the country State Bank of India is planning to expand its banking services in the Gulf region. Pursuing the plan, the bank recently opened two new branches in the region - one being in Saudi Arabia and the other in Qatar.

The Managing Director of SBI, Mr. Hemant Contractor said, "We are there in a big way, but Kuwait is the only GCC country where we don't have a branch."

At present State Bank of India have 170 branches present in 34 countries across the world.


 


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