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STATE BANK OF INDIA - Joint Venture with Russian Direct Investment Fund
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24 Dec 2012
State Bank of India has informed BSE that the Bank on December 24, 2012, signed a Preliminary Non-Binding Memorandum of Understanding with Russian Direct Investment Fund (RDIF), to facilitate advancing bilateral economic cooperation and trade between Russia and India aimed at exploring investment opportunities in both the countries. The modalities of the Joint Venture are expected to be further discussed and finalised between the parties in due course. The fund will be operationalised on receipt of requisite regulatory approvals.
View all announcements for STATE BANK OF INDIA Source: BSE India