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SBI shifts MSME branch to new location

Updated - February 09, 2025 06:38 pm IST - PUDUCHERRY

Senior SBI officials from Chennai Circle participated in the opening of the new premises of the bank’s MSME branch in Puducherry.

Senior SBI officials from Chennai Circle participated in the opening of the new premises of the bank’s MSME branch in Puducherry. | Photo Credit: Special Arrangement

The State Bank of India (SBI) has relocated its Retail and Small & Medium Enterprise Credit Centre (RASMECC)) branch to a new premises.

A press release said the branch which was previously operating at 208, Vignesh Complex, Ground, First, and Second Floors, Anna Salai, opposite the Botanical Garden, has been relocated to a new location at No. 7, Ayyanar Kovil Main Road, Jayakrishna Plaza, First Floor, Ellapillaichavady.

Inaugurating the new premises, Parminder Singh, Chief General Manager of SBI Chennai Circle, (comprising TN & Puducherry) emphasised the bank’s commitment to offer efficient financial services.

The new branch spans 8,600 square feet, making it the largest, first of its kind among the RASMECC centers in the Chennai circle, he noted.

The key features included a large document storage vault, exclusive customer interaction zones, dedicated play area for children and ample parking facilities for customers.

Prabhash Kumar Subudhi, General Manager, Network 3, Local Head Office, Chennai Circle,. Kalpana Mudaliar, Deputy General Manager,(Business&Operation) Salem Administrative Office, M. Natarajan, Assistant General Manager of RASMECC, A. Sathish Babu, Regional Manager and S. Anbumalar, Assistant General Manager, spoke.

R. Suryaprakash, Chief Manager, Rajasekaran, Chief Manager, U. Jayaprakash, Loan Manager (NPA) of RASMECC and Rajadurai Venkatesan, Deputy Branch Manager of the SBI main branch were among those who participated.

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