#1
25th August 2017, 11:30 AM
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Bonded Warehouses Of The State Bank Of India
What do you mean by Bonded Warehouses in The State Bank Of India reference plz let me know about it , as my one of the friend asking me about it ??
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#2
25th August 2017, 11:34 AM
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Re: Bonded Warehouses Of The State Bank Of India
State Bank of India is an Indian multinational, public sector banking and financial services company. A bonded warehouse is building or other secured areas in which dutiable goods may be stored, manipulated, or undergo manufacturing operations without payment of duty. Custom Bonded Warehouse offers an option to take delivery of the gold in India from the customs bonded warehouses to be operated by the State Bank of India and the Minerals and Metals Trading Corporation, The concept of Customs Bonded Warehouses was introduced to neutralise the risk the importers have to undergo if they were to arrive at the airport during the wee hours of the day. Bank profile Type Public Traded as NSE: SBIN BSE: 500112 LSE: SBID BSE SENSEX Constituent CNX Nifty Constituent Industry Banking, financial services Founded 2 June 1806, Bank of Calcutta 27 January 1921, Imperial Bank of India 1 July 1955, State Bank of India 2 June 1956, nationalization Headquarters Mumbai, Maharashtra, India Area served Worldwide Key people Arundhati Bhattacharya (Chairman) Products Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management, credit cards Revenue 298,640.45 crore (US$46 billion) (2017) 273,461.13 crore (US$42 billion) (2016) Operating income 50,847.90 crore (US$7.9 billion) (2017) Profit 10,484.10 crore (US$1.6 billion) (2017) 9,950.65 crore (US$1.5 billion) (2016) Total assets 2,705,966.30 crore (US$420 billion) (2017) Total equity 144,274.65 (US$2,200) (2016) Number of employees 209,567 (2017) 207,739 (2016) Capital ratio 13.12% (2016) |