State Bank of India (SBI), country’s largest public sector lender, has unveiled its seventh branch in South Africa in the Laudium area near Pretoria. The bank’s presence in South Africa could be traced back with the establishment of the Johannesburg branch in March 1996, followed by the opening of the Durban branch later that year.
At present, the bank has six offices in Johannesburg, Durban, Cape Town, Lenasia, Chatsworth and Port Elizabeth. Further, SBI’s policy in South Africa focuses on recruitment of local talent, capacity building through intensive training and all-round personality development.
