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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 | - |
From Feb 2020 to Feb 2025
By Nupur Acharya
MUMBAI--State Bank of India (500112.BY) and Russian Direct Investment Fund Monday singed an initial agreement to cooperate on investments in projects and companies in the two countries.
The agreement envisages investments of up to $2 billion, an Indian government statement said.
the statement didn't provide details on the terms of the agreement, which was signed during Russian President Vladimir Putin's day-long visit to New Delhi.
State-run SBI is India's largest bank by assets.
The Russian Direct Investment Fund is a $10 billion fund created in 2011 by the Russian government to co-invest with global institutional investors, the statement said.
SBI Chairman Pratip Chaudhuri signed the pact with Kirill Dmitriev, director-general of Russia Foundation for Direct Investments, the statement added.
Write to Nupur Acharya at nupur.acharya@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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