SBI acquires 6.125% stake in CCIL IFSC

Team Blitz India NEW DELHI: The State Bank of India (SBI) has acquired a 6.125 per cent stake in CCIL IFSC Limited for Rs 6.125 crore. CCIL IFSC, which will be incorporated with an authorised and paid-up capital of Rs 200 crore and Rs 100 crore, respectively, will operate the foreign currency settlement system and…