SBI officials address queries of NRIs on mega merger

By Staff Reporter — MUSCAT: APRIL 23 – Top executives from State Bank of India (SBI) recently visited the Sultanate to meet non-resident Indian customers following the bank’s mega merger with six other lenders in India. An NRI Customer Meet was held at Hotel Intercontinental where more than 250 customers participated. Customers’ queries and doubts on the outcome of merger were clarified by the officials at the meeting, which was conducted by Global Money Exchange Company LLC.
Also they presented an overview of the post-merger benefits during the meeting, which was held as a confidence building exercise by the bank after its merger with its five associate banks, namely State Bank of Travancore (SBT), State Bank of Bikaner and Jaipur (SBBJ), State Bank of Patiala (SBP), State Bank of Mysore (SBM), State Bank of Hyderabad (SBH), along with Bharatiya Mahila Bank.
On April 1, SBI merged with six lenders to become India’s largest lender among the top 50 banks in the world with more than 23,500 branches and 59,000 ATMs in India and international presence in majority of the countries servicing over 500 million customers.
The customer meet was conducted in the presence of Venkataraman S, CGM SBI LHO, Thiruvananthapuram, T V S Ramana Rao, Regional Head SBI — MEWANA, R K Mishra, CGM PBBU — Corporate Centre SBI Mumbai, Pradeep Kumar Mishra, GM NRI Services SBI, Hargovind Sachdev, GM NRI SBI LHO, Thiruvananthapuram, and Joy C A, DGM, PBBU and NRI SBI LHO, Thiruvananthapuram.
K S Subromoniyan, Managing Director of Global Money, was also present on the occasion. R Madhusoodanan, General Manager, expressed a vote of thanks.