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SBBJ plans to open 2 new branches in West Bengal: Report

29 Dec 2014 Evaluate

State Bank of Bikaner & Jaipur (SBBJ) is reportedly planning to open 2 new branches in West Bengal, thereby taking its branch network to 17 in the state. The new branches will be opened at Salt Lake on the Northern fringes and at Rathtala on the Southern fringes of the city.

SBBJ is one of the five Associate Banks of SBI and has operations primarily in Rajasthan, with presence at all important centres in the country. Being an SBI Associate, SBBJ derives significant benefits from its use of State Bank brand name and logo, access to an extensive branch network including the ATM network and sharing of systems like the credit risk-rating model, treasury management and information technology (IT) systems with the parent.

Peers
Company Name CMP
State Bank Of India 954.00
PNB 109.90
Bank Of Baroda 231.75
Canara Bank 118.50
Union Bank Of India 168.00
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