Chairman of the State Bank of India, Rajnish Kumar inaugurated SBI Wealth Hub at the public sector bank’s Doranda branch in Ranchi on Friday.
SBI Wealth Hub is targeted at providing comprehensive wealth management services to clients across the country.
Addressing Wealth Hub clients and SBI’s bigwigs from Eastern India at the bank’s Doranda branch, Kumar said,
“The niche offering by the bank will give our elite clients a complete new approach for interacting with the bank. Introducing wealth management services has been one of the top strategic business priorities of the bank as we have several HNI clients whose banking needs require highly specialized services.”
According to a press communiqué issued by the SBI on Friday, the bank has 44 major SBI Wealth Centres in the country with a network of 121 Wealth Hubs.
The bank has sent a target of having at least 55 Wealth Centres by 2020. SBI Wealth Centres currently serve at least 59,000 clients in the country.
Meanwhile, Kumar also inaugurated a YONO centre in Patna with the help of a remote control from Ranchi.
Kumar donated Rs 9 lakh to Rajrappa’s Chinnamastika Temple under SBI’s Corporate Social Responsibility (CSR) for installation of air conditioners, water purifiers and construction of shed for devotees. Besides, Kumar made a payment of Rs 8 lakh to the Sikh Regiment under CSR for purchasing hydraulic tractors to be used in Swaccha Bharat Mission.
Chief General Manager (CGM), Patna Circle, Sandeep Tiwari and CGM Wealth, Giridhara Kini also attended the launch in Ranchi.