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| 1. |
Which bank plans set for a major restructuring of its business in UK? |
| Answer» SBI is set for a major restructuring of its business in UK from April. SBI's UK operations will transform into a subsidiary named State Bank of India UK Limited from April 1. It means that all retail branches of SBI in UK will fall under a new UK-incorporated banking entity instead of their previous status as overseas branches of the Indian entity. SBI operates 7 branches in London. | |