SBI becomes India’s first PSU bank to introduce comprehensive wealth business services for its clients

The State Bank of India (SBI) has become the India’s first PSU bank to introduce comprehensive wealth business services for its clients. The wealth hub was inaugurated by SBI Chairman Rajnish Kumar at the Lalbagh branch in Mangalore. The bank has re-branded its wealth business as “SBI Wealth” offering best-in-class personalised banking and investment services to its elite High Net worth Individual (HNI) clients through a dedicated team of relationship managers. HNI clients would be offered best products across categories from leading fund houses. They will also have the flexibility to invest, transact and view their portfolio,through digital channels like internet banking, mobile and remote relationship model.