For example, the State Bank of India (SBI) IFSC code SBIN0001707 refers to the SBI Parliament Street branch, New Delhi. Here, the four alphabets ‘SBIN’ represents the bank code, ‘0’ is a control ...
LONDON (Reuters) - Banks, accused of being too opaque and complex in the run-up to the financial crisis, said on Monday they plan to simplify financial reporting and make it easier for investors to ...