SBI branch network crosses 1,200 mark in TG with opening of 10 branches
The Hindu
SBI Chairman inaugurates 10 new branches in Telangana, focusing on strategic expansion and enhancing service delivery in key regions.
State Bank of India (SBI) Chairman Challa Sreenivasulu Setty on Friday inaugurated 10 new branches in Telangana, taking the branch network of the country’s largest lender to 1,206 across the State.
Five of the branches are in rural centres and the rest in urban centres. The new branches are Alampur x road; Chinnambavi; Raghavendra colony (Kondapur); Neopolis; Kistareddypet (Patancheru); Khajaguda; Osman Nagar; Kangti (Narayankhed); Suchitra Circle (Quthbullapur); and Nandipet.
It is a strategic expansion and aimed at enhancing SBI’s presence and service delivery in key regions. The bank is committed to ensure easy access to banking in unbanked areas and cater to growing banking needs of the people in developing urban centres, SBI Hyderabad Circle said on Friday in a release on the virtual inauguration of the branches by Mr.Setty in the presence of the Chief General Manager Rajesh Kumar.
The SBI Chairman advised the staff to focus on four foundational principles of customer-centricity; business growth; sustainable growth; and employee-centricity.
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