Speaking at the centenary celebration of SBI Mumbai main branch building, Finance Minister Sitharaman applauded the impressive growth of the banking PSU, and its contribution to the banking ecosystem.

In the backdrop of cost rationalisation, the State Bank of India (SBI) is shutting down around 30 per cent of its branches, relocating and even consolidating few branches. The SBI, which has ...

"SBI today has grown to become 22,500 branches ... move was to extend banking services to people. The Mumbai main branch is housed in a heritage building inaugurated in 1924 and currently handles ...