Chennai: State Bank of India (SBI) has strengthened its presence in Tamil Nadu with the inauguration of 14 new branches, 2 Home Loan centres, and 2 modern Rural Self Employment Training Institutes, among other initiatives.

SBI Chairman Challa Sreenivasulu Setty inaugurated the new branches during his visit to the bank’s local head office in Chennai.

"SBI may already be India's largest bank with over 22,980 branches, yet we see clear opportunities to deepen our presence where banking access is still limited," Setty said.

In addition, the Chairman virtually inaugurated 110 Gram Panchayat camps across the state. The camps, along with the new branches, are aimed at strengthening physical banking access while promoting financial inclusion at the grassroots level.

"Our focus is to keep expanding in ways that create both economic and social value for the communities we serve," he added.

Under its Corporate Social Responsibility initiative, SBI donated ₹1.47 crore for the upgradation of 30 government primary schools in Tamil Nadu, enhancing educational infrastructure.

During the visit, a Special Currency Administration Branch (SCAB) was also inaugurated, highlighting the bank’s efforts to broaden its reach in the state.

"These initiatives are a reaffirmation to the Bank's commitment to making banking more accessible and inclusive. By such undertakings, SBI is not just growing as a Bank but also contributing to the holistic development of the communities it serves," Setty said.

BI Bureau