Mangaluru, Oct 20 (UNI) State Bank of India (SBI) Chairman Rajnish Kumar launched Bank's Wealth Business Services by launching 'SBI Wealth Hub' in the Port City on Saturday.

SBI is targeting to take its Wealth Business footprint to 50 centres by 2020 from the present 20.



Speaking on the occasion, Rajnish Kumar said, “Introducing Wealth Business has been one of the top strategic business priorities of the bank as we have numerous HNI Clients whose banking needs require highly specialized services”.

He said that 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 such as Internet Banking, Mobile and Remote Relationship model. The bank has tied-up with several leading technology and product partners, to provide an extensive suite of privilege products and lifestyle benefits. These include top tier credit and debit cards, concessions/ waivers in charges, and much more.

The Bank also launched wealth Business services for NRIs.

Mr Rajesh Kumar said that the Bank is also in the process of setting of a state-of-the art Global e-Wealth centre at Kochi.

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