SBI becomes first Indian bank to have office in Australia’s Victoria

The State Bank of India opened its Melbourne office and becoming the first Indian bank to have a branch in the Australian state of Victoria. The Melbourne office will assist the growing trade and investment relations between Victoria and India and is the outcome of the state’s 10-year India Strategy. This investment by India’s largest commercial bank is a testament to our thriving financial services sector and our highly skilled workforce.

Static/Current Takeaways Important For RRB NTPC/IBPS RRB Mains:

  • SBI Chairperson: Rajnish Kumar; Headquarters: Mumbai; Founded: 1 July 1955.

Source: The Economic Times

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