State Bank Of India

State Bank of India (SBI) has received approval from Competent Authority of the Bank to set up a new Trustee Company as a Wholly Owned Subsidiary of the Bank for managing Corporate Debt Market Development Fund for which SBI Funds Management is identified as the Investment Manager cum Sponsor of the Fund. The Competent Authority of the Bank, on July 18, 2023, has approved the same. 

State Bank of India 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.