INDIAN JEWELLER

CIBJO urges industry to refrain from Marange diamond trading

It addresses full compliance with the KP system

Post By : Diamond World News Service On 23 February 2010 11:37 AM
Indian diamond setcor is making waves internationally! In yet another attempt to establish a foreign presence and to lubricate the business scenario between India and Israel, the State Bank of India (SBI) has opened a branch at the Israel Diamond Exchange. %%SBI has other foreign branches running in New York, Antwerp, Toronto, Moscow, Shanghai, Hong Kong, Johannesburg and Angola.%%SBI chairman Mr O.P. Bhatt is reported to have shared that the move would give SBI the advantage to tap on the Indo-Israel bilateral trade.

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