Indian Ambassador visits State Bank of India’s retail branch in Bahrain

TDT | Manama                 

The Daily Tribune – www.newsofbahrain.com 

Indian Ambassador to Bahrain Piyush Srivastava paid his first visit to the State Bank of India’s Retail Branch in Bahrain.

The Ambassador was welcomed by SBI staff and attended a special meeting with the bank’s board members.

State Bank of India, Bahrain, was established in January 1977 as an Offshore Banking Unit, with a vision to synergize the trade and industrial business-related banking requirements between Indian and the Gulf.

The Retail operations of State Bank of India started with the setting up of the Retail Branch on 2nd January 2007.

Over the period, the Retail Banking Branch (RBB) Has grown to have a respectable standing among the Retail Banks of Bahrain. The branch has a total customer base of over 20,000.

The branch caters to the banking needs of the Corporates as well as Individuals through its corporate Banking and Retail Banking division.

It also supports the Non-Resident Indian community in Bahrain by providing NRI Services.

Ambassador commended SBI team for their professionalism and lauded India’s largest bank for its contribution in growth of Bahrain financial sector and in furthering bilateral economic ties.