News on AIR

October 4, 2023 1:37 PM

SBI launches Mobile Handheld Device to enhance accessibility and convenience in availing banking services to customers

State Bank of India today launched Mobile Handheld Device to enhance accessibility and convenience in availing banking services to the customers. This device will provide cash withdrawal, cash deposit, fund transfer, balance inquiry and mini statement at doorsteps of customers. The initiative will particularly benefit customers who face challenges in accessing Bank Branch or Customer Service Point outlets due to health issues, Senior citizens and Divyangjans. Additionally, the bank plans to expa...

SBI plans to open 300 branches across country in current financial year

State Bank of India is planning to open 300 new branches across the country in the current financial year. The SBI currently has 22 thousand 405 branches across the country and 235 foreign branches and offices. SBI chairman Dinesh Khara said, the bank is also looking at having more business correspondents. SBI has reported its highest-ever quarterly profit in the first quarter of the current fiscal at 16 thousand 884 crore rupees driven by a fall in non-performing assets, higher loan growth and ...