SBI opens NE's first wealth service branch in Guwahati
GUWAHATI: State Bank of India, nation’s largest bank launched its Wealth Business Services in the region by opening ‘Wealth Hub’ in Guwahati on Sunday, November 4.
The bank recently rebranded its Wealth Business as ‘SBI Wealth’ offering best-in-class Personalised Banking and Investment Services to its elite HNI Clients through a dedicated team of Relationship Managers. P. K. Gupta, Managing Director (Retail & Digital Banking), SBI inaugurated this service at the Bank’s Brahmaputra Premium Branch at NEDFi House, Guwahati.
SBI has plans to expand wealth hub footprint to 50 centres by 2020 as the state bank tries to tap into the country’s growing number of HNWIs. With this, the bank aims to cover 125,000 clients over the next two years. At present, SBI Wealth has nearly 36,000 clients.
The bank has also launched a wealth business service for NRIs.