Picture : Ministry Of Finance / X
which will cater to emerging business potential in the Northern Provinces of Sri Lanka.
As per PTI report, The finance minister had inaugurated another SBI branch in Trincomalee earlier reported PTI.
Union Finance Minister Smt. @nsitharaman and Ms. P.S.M. Charles, Governor of Northern Province, inaugurated the second State Bank of India Branch in Jaffna in presence of Shri Gopal Baglay, India’s High Commissioner to Sri Lanka, and Chairman @TheOfficialSBI Shri Dinesh Khara… pic.twitter.com/nrBddim3c3
— Ministry of Finance (@FinMinIndia) November 3, 2023
“The Finance Minister appreciated that SBI became the first foreign Bank in Sri Lanka to successfully launch pathbreaking direct LKR-INR trade. This initiative has gained momentum and found currency among local corporates, besides giving vital support to the Sri Lankan economy by giving an option to importers of Sri Lanka without dependency on the US Dollar,” the finance ministry said in a post on X.
