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SBKJY State Bank Of India (PK)

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Share Name Share Symbol Market Type
State Bank Of India (PK) USOTC:SBKJY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

State Bank Of India Launches Custodial Services With Societe Generale

29/03/2010 2:23pm

Dow Jones News


State Bank Of India (PK) (USOTC:SBKJY)
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State Bank of India (500112.BY) said Monday the bank and Societe Generale Securities Services have jointly launched SBI Custodial Services Pvt. Ltd. to offer securities services to institutional investors.

The partners expect the joint venture to do business of about $10 billion in its first year of operation, the state-run Indian bank said in a statement.

The country's largest bank by assets holds 65% of the joint venture, while French group Societe Generale holds the remaining stake.

-By Nupur Acharya; Dow Jones Newswires; +91-22-61456117; nupur.acharya@dowjones.com

 
 

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