SBM bets on tie-ups to grow India operations; not to add bra

SBM bets on tie-ups to grow India operations; not to add branches


SBM bets on tie-ups to grow India operations; not to add branches
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SBM bets on tie-ups to grow India operations; not to add branches
Apr 19, 2021, 16:06 IST
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MUMBAI: SBM Bank India, the wholly-owned subsidiary of the Mauritian government's SBM, is betting on partnerships with fintechs and non-bank entities to grow its business here and is not interested in growing its branch network like DBS Bank India did with an acquisition, a top official has said.
SBM Bank India wants to grow its business through granular liabilities collection and booking fees by aiding in various banking transactions, its managing director and chief executive Sidharth Rath told PTI.

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