MUMBAI: Country’s largest bank State Bank of India (SBI) has said that the strategic tie-up between Tata Sons and Chinese bank Industrial & Commercial Bank of China will not affect them. On Wednesday, Tata Sons and ICBC entered into an alliance wherein the Chinese bank will become a strategic banking partner to the Tata group. The development comes at a time when bad loans have risen for banks and Indian lenders are struggling to attract better rated customers for loans and financ .. Read more at: http://economictimes.indiatimes.com/articleshow/50013975.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Source: Economic TimesTata’s tie-up with ICBC will not impact SBI: Arundhati Bhattacharya
Industry: Banking 2015-12-07
