According to a regulatory filing, state-owned lender the State Bank of India has acquired a 40 per cent stake in Commercial Indo Bank, Moscow.
The stake was previously held by another PSB, Canara Bank.
(If you have a story in and around Mumbai, you have our ears, be a citizen journalist and send us your story here. )
(To receive our E-paper on WhatsApp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)
