SBI Launches Global Trade Finance Centers in Kolkata and Hyderabad


The State Bank of India (SBI) has inaugurated new Global Trade Finance Centres in Kolkata and Hyderabad, marking a significant milestone in the bank’s journey. These centers aim to revolutionize international trade operations and enhance customer experience by leveraging digital technologies.

Empowering Trade with SBI’s Global Centers:

  • Facilitating seamless import and export processes for businesses.
  • Enhancing efficiency with over 800 skilled professionals dedicated to trade operations.
  • Transitioning from traditional paper-based methods to digital solutions for faster transactions.

Digital Transformation for Enhanced Trade:

  • Utilizing AI, ML, blockchain, and document digitization for streamlined operations.
  • Ensuring faster, secure, and accurate trade transactions for customers.

A Glimpse into SBI’s Vision:

  • Mr. CS Setty, Chairman of SBI, envisions a digitally-driven future for banking.
  • Leading the way in embracing digitalization to support global businesses.

Key Takeaways for Competitive Exams:

  • SBI has inaugurated Global Trade Finance Centres in Kolkata and Hyderabad to streamline import and export processes.
  • The centers aim to enhance trade efficiency by leveraging digital technologies like AI, ML, blockchain, and document digitization.
  • Mr. CS Setty highlights SBI’s commitment to a digital future, supporting global trade operations with innovative solutions.

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