Indian banks significantly increased their equity investments in FY25, driven by strategic treasury diversification. An analysis of 16 major banks revealed a 49% surge, reaching 49,572 crore, with SBI's investments tripling. This rise coincided with growing retail participation in the market and the implementation of new accounting norms.
Construction on the site will begin in the fall and is expected to be finished by 2027. North Chicago is already home to corporate offices and manufacturing sites for AbbVie.