Mangaluru: Rajnish Kumar, Chairman, SBI launched bank’s Wealth Business Services by inaugurating ‘SBI Wealth Hub’ at Lalbag, Mangaluru. State Bank of India, nation’s largest bank launched its Wealth Business Services by opening ‘Wealth Hub’ at Mangaluru.
Shri Rajnish Kumar, Chairman, SBI inaugurated this service at the bank’s Lalbaug Branch in the city. SBI is the first PSU bank in the country to introduce comprehensive Wealth Business Services to its Clients.
SBI Wealth has presence in 20 major centres with a network of 90 Wealth Hubs in the country. SBI is further targeting to take its Wealth Business footprint to 50 centres by 2020. Presently, SBI Wealth is serving nearly 35,000 Clients and is looking to triple its Clients base to 125,000 with an AUM of Rs. 100,000 crore in the next two years.
The Bank also launched wealth Business services for NRIs. The Bank is also in the process of setting of a state-of-the art Global e-Wealth centre at Kochi.
