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This is an archive article published on August 14, 2010

SBI to expand reach among Indo-Canadians

The State Bank of India (Canada) has decided to introduce new products.

The State Bank of India (Canada) has decided to introduce new products and services to expand its reach among one million Indo-Canadians,the bank’s president and chief executive officer Sunil K Tandon said on Friday.

“The focus right now is to enhance products and services,and more customer amenities at seven SBI (Canada) branches in Canada,” Tandon said.

He said the bank has also been instrumental in fostering trade ties between India and Canada by extending financial,advisory and logistic support to corporations based particularly in Canada and India.

Tandon,who succeeds Arun Nagarajan,the outgoing president and CEO,said that the bank provides remittance of INR funds on close to real time basis through a network of over 12,300 offices of SBI,the largest commercial bank in the country.

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