
State Bank of
India has inaugurated its Crorepati branch for High Networth Individuals (HNI) at Hyderabad. The new SBI branch will accept customers who can pay a minimum Rs 1 crore to open an account, and that too on invitation only.
The new branch called 'Kohinoor Banjara Premium Banking Centre' offers premium banking services like 24/7 lockers, extended banking hours, doorstep pick-up and drop facilities etc.
It is also interesting to note that State Bank of India has launched the 'One Rupee Bank' account, for poor people recently.