Finance Minister Sitharaman inaugurates SBI Branch in Trincomalee

New Delhi: Union Finance Minister Smt. Nirmala Sitharaman inaugurated the State Bank of India Branch in Trincomalee, today, during her official visit to Sri Lanka. 

H.E. Mr. Senthil Thondaman, Governor of Eastern Province, Sri Lanka; Shri Gopal Baglay, India’s High Commissioner to Sri Lanka, and SBI Chairman Shri Dinesh Khara were also present at the inauguration.

 

Read Also : EIL and GAIL achieve major milestone

After inaugurating the branch, FM Smt. Sitharaman appreciated that SBI, with its 159 years of significant presence, is the oldest bank in Sri Lanka and continues to grow its business at home and abroad. 
 

Read Also : Mahanadi Coalfields Places 289 Youths in Industry

During the Sri Lankan economic crisis, SBI's presence in Sri Lanka paved the way for a smooth extension of Line of Credit worth $1 billion by the Govt of India to Sri Lanka.

Besides, SBI Sri Lanka continues to play vital role by supporting corporates in international trade.

SBI in Sri Lanka continues to scale up remittance through a robust #DigitalPlatform via SBI Sri Lanka YONO app and online banking, in addition to the in-branch operations.

Read Also : Power Grid Corporation secures Major Rajasthan Transmission System Project