State Bank of India Looking for South Africa Opportunities, Chairman Says

State Bank of India (SBIN) Ltd. is looking for opportunities in South Africa, Chairman Pratip Chaudhuri said.

India’s largest lender plans to establish four more offices in the southern African nation within a year, he said in Johannesburg today. The company also plans to expand into a retail bank, Chaudhuri said.

To contact the reporter on this story: Sikonathi Mantshantsha in Johannesburg at

To contact the editor responsible for this story: Ana Monteiro at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.