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This Article is From Jul 01, 2023

SBI Launches 34 Transaction Banking Hubs

SBI launches 34 transaction banking hubs

SBI Launches 34 Transaction Banking Hubs
Illuminated signage of State Bank of India. (Photo: BQ Prime)

State Bank of India on Saturday launched 34 transaction banking hubs to better serve its small business clients in the country.

The hubs have been launched on the occasion of the largest lender's foundation day at 21 top district centres across the country, a statement said. The initiative was launched by the bank's chairman Dinesh Khara, and 2,000 current accounts were onboarded under revamped current account variants, it added.

During the pre-launch, the bank mobilised over Rs 1,000 crore deposits at these centres, it said.

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