This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.

State Bank of India to launch residential mortgages in August

  • Print
  • Comment

State Bank of India has confirmed that it will launch a range of residential mortgages in the UK in August.

Money Marketing’s sister title Mortgage Strategy revealed in September 2011 that India’s largest bank was looking at entering the residential sector in 2012, after launching a number of buy-to-let deals through its branches.

A spokeswoman for the bank says it is too early to confirm what its product offering will be but she says it is exploring offering the mortgages via brokers.

SBI, which is 59.41 per cent owned by the Indian government, is the 50th largest bank in the world.



  • Print
  • Comment

Daily Email Updates
If you enjoyed this article, sign up to receive the latest news and analysis from Money Marketing.

Money Marketing Awards 2015
Put your firm forward as the leading practitioner in your field. Adviser and Advertising categories are open to entries - Enter Now.

Have your sayEdit my profile/screen name

You must sign in to make a comment

Fund Data

Editor's Pick


How do you plan to vote at the general election?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments