-60.40 (-5.61%) State Bank of India (SBI) has inked pact with CaixaBank, a leading bank in Spain by market share to expand their guarantee transaction businesses by jointly providing credit to Indian-Spanish joint ventures and Indian local enterprises. Through this agreement, both banks’ clients will be able to use the vast combined network to expand their businesses abroad. The banks will also cooperate through introduction of business opportunities and partnering on possible infrastructure funds.
State Bank of India offers a wide range of services in the Personal Banking, Agriculture/Rural, NRI services, SME and Corporate Banking etc.