State Bank of India signs MoU with Foreign, Commonwealth & Development Office, UK

For collective investment of 750 million Pounds

State Bank of India (SBI) and Foreign, Commonwealth & Development Office (FCDO), UK has signed non-binding Memorandum of Understanding on 24 July 2024 for 750 million Pounds where FCDO and SBI, each, will collectively invest matched contributions of 375 million Pounds equivalent over a pre agreed timeline.

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