SBI opens 1st US branch outside California in Frisco
Business
SBI just launched a new branch in Frisco, North Dallas, its very first outside California and now the eighth for its US subsidiary.
At the opening, SBI Chairman Challa Sreenivasulu Setty called it an important move for the bank's global growth.
Branch serves nonresident Indians and businesses
The new Texas branch is set up to help with everything from personal banking to business loans and money transfers for nonresident Indians.
SBI already has branches in New York, Chicago, Los Angeles, and a D.C. office.
Globally, they're pretty huge, with 245 overseas points of presence in 29 countries, and their YONO Global application operates across 14 overseas offices and subsidiaries.