State Bank of India (SBI) has closed six foreign branches and the bank is also in the process of closing down another nine branches as part of rationalisation of overseas operations.
Earlier, this year in March, the banks had closed down 35 overseas branches and representative offices as part of the clean and responsible banking initiative.
SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.
