MoneyWorks4Me

SBI partners with SLCM

29 Jul 2019 Evaluate

Sohan Lal Commodity Management (SLCM) has entered into a strategic partnership with State Bank of India (SBI) for Collateral management and warehousing services. As part of this Collateral management agreement, SLCM will be the custodian of the commodities which the bank has taken as a security against the loans, issued by it.

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.

Peers
Company Name CMP
State Bank Of India 984.50
PNB 116.80
Bank Of Baroda 232.40
Canara Bank 123.90
Union Bank Of India 177.45
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