RIL and SBI sign agreement for payments bank1 min read . Updated: 02 Jul 2016, 01:38 AM IST
While RIL is the promoter with 70%, SBI will have an equity investment of 30%
Mumbai: Reliance Industries Ltd (RIL) and State Bank of India (SBI), the country’s largest lender, have signed the subscription and shareholders’ agreements for their payments bank venture.
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