SBI opens first corporate salary branch in City

Hyderabad, September 21: State Bank of India chief general manager, Hyderabad Circle, Shiva Kumar inaugurated new branch of DLF Cyber City at Gachibowli today.

The branch is first corporate salary branch in the city.

Speaking on the occasion, Shiva Kumar said the branch is specialised for maintaining salary accounts of employees of corporates, and it would provide the whole range of deposit, loan and technology products to cater to the needs of the 16,000 plus IT professionals working in the IT companies and Special Economic Zones (SEZs, TCS, Infosys, Microsoft and ISB. SBI general manager network K Venugopal, general manager mid corporate group PK Malhotra were among those present.

—Agencies