SHILLONG: The State Bank of India on Saturday launched its wealth business services by opening the 'SBI Wealth Hub' here.
The hub was inaugurated by PK Gupta, Managing Director (R & DB).
Gupta informed that on the opening day itself, around 100 customers have availed themselves of the service.
“We aim to enroll around 2000 customers by the year-end,” Gupta said.
Earlier speaking during the inauguration of the 'Wealth Hub', Gupta said that the new offering by the bank would give the clients, a completely new approach for interacting with it.
“Introducing wealth business has been one of the strategic business priorities of the bank as we have numerous High Net-worth Individual (HNI) clients whose banking needs require highly specialized services,” he said.
SBI Wealth now has a presence in 48 major centers with a network of 126 'Wealth Hubs' in the country.
HNI clients would be offered the best of products across categories from the leading fund houses. They will also have the flexibility to invest, transact and view their portfolio, through digital channels such as Internet Banking.
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.