SBI launches Korea Desk in Mumbai
State Bank of India, SBI has announced its first association with the Korea Development Bank, KDB to set up a Korea Desk in Mumbai.
SBI aims to be the help-desk to incoming Korean investments in India and vice-versa.
It will help SBI in developing banking relationship with the Korean companies and the Korean nationals.
The initiative will help in the growth of economic relations between India and Korea.
Korean companies can use the network of SBI to increase their business in India and also invest in India in areas like technology, defence, ship building, and more.