State Bank Of India

State Bank of India (SBI) has relocated the financial inclusion and micro market (FI&MM) division from its Mumbai corporate office to the national capital in a bid to promote financial inclusion and better coordination with the government. The FI&MM division takes care of 8,000 rural and semi-urban branches catering to bottom of the pyramid segment and 64,000 customer service points (CSPs) managed by business correspondents and 58,000 ATMs.

Besides, the division is responsible for running all the government-sponsored schemes, including direct benefits trasfer like PM-KISAN, in coordination with various departments and ministries. The focus of the Delhi-based division will be community service, financial inclusion and running government-sponsored schemes.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.