Metro India News | Hyderabad 

Challa Sreenivasulu Setty, Chairman, State Bank of India, on Friday virtually inaugurated ten new branches in the State of Telangana (Hyderabad Circle) in the presence of Chief General Manager Rajesh Kumar.

The branches are Alampur x road, Chinnambavi, Raghavendra colony (Kondapur), Neopolis, Kistareddypet (Patancheru), Khajaguda, Osman nagar, Kangti (Narayankhed), Suchitra Circle (Quthbullapur) and Nandipet. Five of these new branches are in rural centres and five are in urban centres.

With the addition of these new branches the total number of branches in the state is 1206. This strategic expansion aims to enhance SBI’s presence and service delivery in key regions. This initiative is part of SBI’s commitment to ensure easy access to banking in unbanked areas and to cater to growing banking needs of the people in developing urban centres.

The Chairman highlighted SBI’s commitment to reach more customers and providing top-notch banking services. He said that these new branches are a testament to SBI’s dedication to expanding its footprint and ensuring that its services are accessible to a wide range of customers.

He said that “As India rises on the global stage, SBI's role as a financial powerhouse, innovator, and enabler of growth will be more critical than ever. The next decade could indeed be a transformative period for both India and SBI, with the bank playing a central role in shaping the country's economic future.