SBI launches Project Kuber in Bengaluru

the Central Bank of India Launched Project Cooper comprising four Transaction Banking Centers and one Corporate Payroll Center in Bengaluru.

“The aim is to provide, facilitate and meet the various banking needs of customers, and these hubs will help increase SBI’s market share in liability products,” the bank said.

The hubs were inaugurated by the General Manager of State Bank of India Bengaluru Circle, Nand Kishore and are located at SBI Administration Building, Mysore Bank Circle, KG Road, Bengaluru and Sampige Road, Malleshwaram.

According to the bank, these will act as a one-stop-shop for all payment and collection related requirements and will provide services to both corporate and non-corporate clients right from the initial stage of account opening to their entry on the SBI digital platforms.

A dedicated team of professionals will facilitate business partners and clients to benefit from digital banking services such as Yono Business, electronic payments and cash management products.

Moreover, the digital initiatives are a step towards strengthening business relationships with companies and helping them achieve integration of their business operations with banking services.

while, SBI Life Insurance Work started quickly Consolidation of all policyholders of Sahara India Life Assurance Company Limited (SELIC) in the previous regulations.