SBI in process to shut 9 foreign offices as part of rationalisation
Wednesday, June 27, 2018, 7:55 PM
State Bank of India (SBI) has closed six foreign branches and is in the process of closing down another nine branches as part of rationalisation of overseas operations, said Managing Director, Praveen Kumar Gupta. SBI, country's largest lender, has operations in about 36 countries with nearly 190 branches. "we have closed about six branches already in the last two years." Gupta said.