In a significant step towards strengthening India’s banking presence in the United States and expanding financial services for customers, State Bank of India has opened a new branch in Texas.
The new branch marks the first physical expansion of SBI’s California-based subsidiary beyond the state of California. The inauguration was led by SBI Group Chairman Challa Sreenivasulu Setty, in the presence of India’s Consul General in Houston, D C Manjunath, and other dignitaries. With this addition, SBI’s California subsidiary now operates eight locations across the United States.
SBI also has a strong direct presence in the US, with full-service branches in New York, Chicago and Los Angeles, along with a representative office in Washington.
