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Friday, July 1, 2011

SBI opens 21 new branches, 101 new ATMs and 400 green channel counters

LUCKNOW: Spreading its wings further and taking financial inclusion deeper into the state, the State Bank of India opened 21 new branches on Friday. Besides, it also opened 101 new ATMs and 400 green channel counters.

Chief General Manager, SBI, Abhay Kumar Singh said that of the new branches 13 are in semi urban and rural areas emphasizing the banks reach across metros to small villages. SBI also opened its 700th customer service point in unbanked villages under the financial inclusion plan of the government.

Singh said that the bank already has 1,600 branches in UP and hundreds of villages have been covered through business correspondents and facilitators.

Chief Secretary Anoop Mishra said that SBI played an important role in the economy of the nation and its reach was unmatched.

Abhay K Singh said that SBI has started Green Channel Counters where customers can withdraw and transfer funds upto Rs 40,000 by just swiping their ATM card without filing any form. The facility would be available in 400 branches to begin with and would be helpful to businessmen and senior citizens.

Also present on the occasion were Regional Director, RBI, Dr Amrendra Sahoo, and additional Director (Institutional Finance) Rakesh Krishna.

Source: EconomicTimes


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