State Bank of India Looks to Broaden UK Customer Base Beyond Indian Diaspora

first_imgThe State Bank of India (SBI) wants to broaden its UK customer base beyond the Indian diaspora after pumping £225 million into its retail business as part of new post-crisis regulations.Bosses of the lender – which is 58.6% owned by the Indian government – said that while they were happy with the status quo, SBI was unwilling to pull out of one of its biggest overseas markets which currently accounts for 20% of foreign operations.Read it at BT Related Itemslast_img