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State Bank of India offers remittance service to India via ATMs

Published Thu, Mar 2, 2017 · 09:50 PM
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Singapore

STATE Bank of India (SBI) Singapore on Thursday launched a new service, remittance to India via its ATMs, a first here.

And the potential is huge; Singapore-India remittances in 2015 were worth US$828 million, according to World Bank data, said Anjana Tandon, SBI Singapore head, retail banking.

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