[STC-Salt Lake] State Bank of India opens Branch in Oman
- From: "Anup Sen, STC, Salt Lake City, Kolkata" <anupsen@xxxxxxx>
- To: E-Group STC Salt Lake City Kolkata <banknews@xxxxxxxxxxxxx>
- Date: Mon, 24 May 2004 20:07:23 +0530
From : E-Group, STC, Salt Lake, Kolkata
Dear Member,
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With regards,
Anup Sen, Moderator
E-Group, STC, Salt Lake, Kolkata
email : stcsaltlake@xxxxxxxx
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We have provided lots of Reading Materials for you at the site. Happy browsing!
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Title: State Bank of India, Staff Training Centre, Salt Lake, Kolkata. : :
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State Bank of India opens Branch in
Oman
Monday, 24 May , 2004, 18:39pm
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State Bank of India started operating
a branch in Oman on Monday, the central bank of the Gulf Arab state said. "The State Bank of India has opened a
branch and started its operation today with a capital of 5 million rials ($13
million)," Hamood Sangour al Zadjali, the Central Bank of Oman's
executive president, told Reuters on Monday.
He said it was part of Oman's
agreement with the World Trade Organisation to allow foreign banks to operate
in the country. State Bank, India's largest commercial bank, is the ninth
foreign-owned bank to open in Oman and the second Indian financial institution
after Bank of Baroda, which started its local operations in 1976.
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