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International banking unit: SBI’s GIFT City unit to deal in ECBs & trade credit

The State Bank of India became the seventh bank to open an International Banking Unit at the GIFT City campus after it conducted the first transaction of two million dollars over Rs 13 crore Monday. The chairman of the bank, Arundhati Bhattacharya, said the new IBU of the bank at…

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Click here to read the full story: The Indian Expresss

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