Tag "SBM Bank"

SBM Bank (India) Limited: First foreign bank to set up a Wholly Owned Subsidiary (WOS) in India

By : CIOL Bureau

SBM Group announced the launch of SBM Bank (India) Limited which will operate as a full-fledged universal bank. SBM Bank (India) Limited becomes the first foreign bank in India to obtain a banking licence from the Reserve Bank of India