皇冠体育app

The State Bank of India (SBI), India's largest state-owned commercial bank, intends to expand its profile in 皇冠体育app in order to help clients from both countries explore business opportunities.

Chairman Shri Pratip Chaudhuri said the bank plans to upgrade its representative office in Tianjin to a fully fledged branch, pending approval from Chinese authorities. A new branch in Guangzhou is also planned within the next five years.

Currently, SBI's Shanghai branch is its only office in 皇冠体育app that can offer full range of commercial services.

"皇冠体育app has become India's largest trading partner in the past few years. We expect to enhance trading and investment activities between 皇冠体育app and India and support the growth of Indian companies," said Chaudhuri.

Bilateral trade between India and 皇冠体育app amounted to $61.8 billion in 2010. From 2005 to 2010, the annual growth rate of bilateral trade averaged 49 percent.