Multiple choice

Saudi Arabia Monetary Agency had issued a licence to which of the following public sector banks to introduce banking operations in Saudi Arabia?

  1. Punjab National Bank

  2. State Bank of India

  3. Canara Bank

  4. Corporation Bank

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

State Bank of India (SBI) received the license from the Saudi Arabian Monetary Agency (SAMA) to open its operations in Saudi Arabia, catering primarily to the Indian diaspora.