State Bank of Travancore (SBT), an associate of State Bank of India, has reportedly unveiled special counters to facilitate easier banking for senior citizens at its Peyad branch in Thiruvananthapuram District of Kerala. SBT is the first bank in the State to open special counters for senior citizens. Further, the bank is planning to open more such counters at selected branches.
The bank has reported a fall of 59.20% in its net profit at Rs 55.34 crore for the quarter ended September 30, 2013 as compared to Rs 135.63 crore for the same quarter in the previous year. However, total income of the bank increased by 16.43% at Rs 2566.09 crore for quarter under review as compared to Rs 2203.92 crore for the quarter ended September 30, 2012.
