Emirates NBD partners with SBI for 60-second remittancesEmirates NBD, a leading bank in the region, has expanded its partner bank network in India to include State Bank of India (SBI) for the DirectRemit 60 seconds remittance platform. With this partnership, E More… |
India to launch new Islamic equity fundMumbai-based SBI Funds Management will launch an Islamic equity mutual fund next month to tap into India's large but underserved Muslim population, although the country still lags in developing sharia-compliant debt alternatives. More… |
Mumtalakat in deal on pharmaceutical plantBahrain Mumtalakat Holding Company, the investment arm of Bahrain, has signed an agreement with Japanese firm SBI Pharmaceuticals (SBI), towards setting up of a pharmaceutical production facility in the kingdom. To start with, the More… |
Japan banking group plans India tie-upMizuho Financial Group will join forces with India's top bank, State Bank of India, on syndicated loans and other areas, as Japan's second-largest lender looks to capitalise on the growing Indian economy. The deal, the first such alliance More… |
UAE exchange ties up with SBIUAE’s Wall Street Exchange company has announced a tie-up with State Bank of India, India’s largest bank, for quick money transfer to India. The transfers would be done through 5,800 SBI branches under the speed remittance facility, “SBI E More… |