State Bank of India (SBI

  • SBI launches separate vertical for agriculture, micro credit
    NEW DELHI, JUNE 2 (IANS): In a major restructuring exercise, the State Bank of India (SBI), the largest lender of the country, has created a separate FI&MM vertical within the Bank with an exclusive focus on Financial Inclusion & Micro markets in rural and semi urban areas to improve customer experience in the hinterland.   Under this, the Bank will offer loans predominantly for agriculture and allied activities, and micro and small enterprises.   About 8,