State Bank of Travancore (SBT), an associate of State Bank of India, has reportedly organized a special campaign for opening demat three-in-one accounts to allow customers to convert physical shares into electronic form with trading facility. The campaign has been organized at the Poojappura branch and at the main branch of the bank in Thiruvananthapuram city. All stakeholders, including shareholders of the bank as well as other corporates may benefit from this facility.
State Bank of Travancore (SBT) was incorporated in 1945 as Travancore Bank sponsored by the erstwhile princely state of Travancore. Under a special statute of the Indian Parliament (SBI subsidiary Banks Act 1959) it has been made an Associate of the State Bank of India and a member of the State Bank Group, the largest banking group in India. The Bank is alive to its developmental role and actively participates in meeting need based requirements of Small and Medium Enterprises and Agriculture.
