One of the associate banks of State bank of India – State Bank of Hyderabad plans to set up new e-connects outlets and exclusive branches of the bank. With the aim to fulfill the desire and requirements of the industrialist the bank has plans to set up these new outlets and exclusive branches.
The bank plans to open some exclusive branches to meet the financial requirements of industrialists and big business houses. At present bank is 15 e-connects, by the end of March the bank wants to have 50 e-connects. The bank has recently inaugurated one such centre at SBH’s Patamata branch. SBH has also contributed in PMJDY, by opening 3 lakh savings accounts.