MoneyWorks4Me

SBI forays into wealth management space

15 Jan 2016 Evaluate

State Bank of India (SBI) has forayed into the wealth management space and also launched a dedicated branch for start-ups in India’s technology capital Bengaluru. ‘SBI Exclusif’, the wealth management offering, is targeted at high net worth individuals (HNIs) and aspiring HNIs.

The bank has adopted a multi-channel approach to offer wealth management service. SBI Exclusif customers will have access to dedicated relationship manager to take care of all their banking and investment needs.

Peers
Company Name CMP
State Bank Of India 940.65
PNB 115.50
Bank Of Baroda 234.10
Canara Bank 117.20
Union Bank Of India 172.95
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