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SBI plans to raise $2 bn, look at retail lending overseas

In a bid to build a supporting system from manpower point of view

, the bank is in the process of recruiting specialised officers up to the level of a chief manager, numbering around 50 to 100 over the next one year in the overseas markets. "We have already started recruitment from the local markets," said Chaudhuri. Despite volatile global market conditions, the bank's foreign offices have maintained comfortable liquidity positions, he said.

SBI plans to raise $2 bn, look at retail lending overseas

By: Bhavana Jhingan
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