State Bank of India (GDR)

Stock Discussions
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This Global Depositary Receipt (GDR) represents shares in the State Bank of India, a public sector bank with headquarters in Mumbai, India. The bank offers a range of financial services including savings accounts, loans, and investment products.

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Cc @acamp

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Thanks for flagging. We’ll get this corrected.

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Thanks @fte - this has been updated and should reflect in your app shortly!

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It’s interesting to see these GDRs being added, not many brokers seem to offer them.

As it happens, I hold an ADR for a different India bank.

This backgrounder was a good read. It’s important to consider the potential liquidity risk with these types of investments, the bid-ask spread can be wide and they can be difficult to sell.

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