Myanmar Bank Licences

SBI chairperson Arundhati Bhattacharya, along with Central Bank of Myanmar Vice-Governor Khin Saw Oo and other top officials, was present at the function to mark the inauguration ceremony, which marks the Indian bank's presence in 37 countries with 54 branches and 198 offices.

Myanmar's central bank on Wednesday announced that it had granted "preliminary approval" for nine foreign lenders to operate in the country for the first time in decades, the latest tentative opening of the long-isolated economy.

SBI chairperson Arundhati Bhattacharya, along with Central Bank of Myanmar Vice-Governor Khin Saw Oo and other top officials, was present at the function to mark the inauguration ceremony, which marks the Indian bank's presence in 37 countries with 54 branches and 198 offices.

Myanmar's central bank on Wednesday announced that it had granted "preliminary approval" for nine foreign lenders to operate in the country for the first time in decades, the latest tentative opening of the long-isolated economy.