State Bank Of India

State Bank of India (SBI), country’s largest public sector lender, has opened ‘SBI in Touch’ branch at Gandhi Nagar in Vellore. The automated branch enables customers to open bank accounts, deposit and withdraw money, update passbook, deposit cheques and print ATM cards through separate kiosks.

SBI offers a wide range of services in the Personal Banking, Agriculture/Rural, NRI services, SME and Corporate Banking etc. The bank has reported 31.73% fall in its net profit at Rs 2520.96 crore for the quarter ended June 30, 2016 as compared to Rs 3692.43 crore for the same quarter in the previous year.