SBI ready to offer lifeline to clients3 min read . Updated: 03 May 2008, 12:01 AM IST
SBI ready to offer lifeline to clients
Kolkata: The State Bank of India (SBI) has not made any provision for potential mark-to-market (MTM) losses on its $800million (Rs3,256 crore) exposure to foreign exchange derivatives but the country’s largest lender is ready to extend fresh line of credit to its corporate clients to tide over such losses.
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