SBI enters wealth management space; opens branch for start-ups

imagesState Bank of India has became the first public sector lender to launch wealth management service, a space dominated by private and foreign players, to cater to fast-growing affluent segment of the country.

The bank also inaugurated a dedicated branch for start-ups which will provide advisory services to the budding entrepreneurs. The wealth management offering – ‘SBI Exclusif’ and the start-up branch – ‘SBI InCube’ were rolled out in Bengaluru.

‘SBI Exclusif’ will offer many firsts in wealth banking like the first ‘e-Wealth Center’ that can deliver quality relationship management services remotely for extended hours.

Read More At The Hindu

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