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Thursday, September 11, 2008
Technology in State Bank of India
The Bank has installed more than 6000 ATMs all over India. They have tie-up with other leading Banks in India. They have introduced Internet Banking for Individuals and Corporates. This is a convenient Banking introduced by SBI. Without entering into the branch premises any one can operate the account like funds transfer, balance enquiry, transactions in the account. Corporates can view their account, make payment to their vendors from their work place without issuing cheque. This will reduce the time and cost for the individuals and corporates. Because Internet Banking is free of cost for SBI customers.
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