Mauritius’ SBM Bank India mobilises $100 million through FCNR window
SBM Bank India’s asset growth is currently about 32% and the bank expects growth to remain broadly in the 30-35% range. Its loan book is about ₹12,000 crore, while quarterly disbursements are about ₹2,000 crore, primarily to companies, mid-market companies and small businesses, Jagdhari said.
