State Bank of India (SBI) has informed that the Bank has signed, on June 05, 2008, a Joint Venture Agreement with Societe Generale Securities Services (SGSS), a division of Societe Generale Group, to form a Joint Venture Company which will offer Custody and related services in India. The formation of the Company will be subject to receipt of necessary regulatory clearances / approvals. SBI and SGSS will hold 65% and 35% respectively of the equity in the new Company.
Showing posts with label State Bank of India. Show all posts
Showing posts with label State Bank of India. Show all posts
Friday, June 6, 2008
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