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Pt Bank Indomonex

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  • Business

SBI buys Indonesian bank for $6 mn

 State Bank of India has acquired a small Indonesian bank - PT Bank IndoMonex - for about $6 million, to foray into Indonesia and expand presence in the Asean region.The largest domestic commercial......

State Bank of India lines up $100 mn foreign buys

 As part of its global expansion plans, the State Bank of Indiais targeting a $100 million acquisition overseas.SBI has so far acquired three small banks - Indonesia's PT Bank IndoMonex,......

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