Which bank plans to close the 9 foreign branches as part of rationalis – InterviewSolution

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1.	Which bank plans to close the 9 foreign branches as part of rationalisation of overseas operations?
Answer» The country's largest lender State Bank of India (SBI) is in the process of closing down nine foreign branches as part of rationalisation of overseas operations. SBI has over 190 foreign offices spread across 36 countries. Bank of India also closed down operations in Yangoon and Bostwana, while Bank of Baroda and Indian Overseas Bank shut the Hong Kong branch. In addition, PSBs have also closed down various representative offices.

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