SBI Opens Dedicated Branch For Startups “SBI InCube”
State Bank of India became the first public sector lender to launch wealth management service, a space dominated by private and foreign players, to cater to fast-growing affluent segment of the country. The bank also inaugurated a dedicated branch for startups which will provide advisory services to the budding entrepreneurs.
“Introducing wealth management has been one of the bank’s top strategic priorities, as we have a number of HNI customers in the bank and potentially many more whose banking needs are more sophisticated and who require a highly specialised service delivery mechanism,” SBI chairman Arundhati Bhattacharya said. The wealth management offering ‘SBI Exclusif’ and the startup branch – ‘SBI InCube’ were rolled out in Bengaluru.
‘SBI Exclusif’ will offer many fir...