State Bank of India opens first digital branch in North East
The new digital branch will more efficiency in banking and financial delivery mechanism.
Meghalaya Chief Minister Mukul M Sangma inaugurated the first Digital Branch of State Bank of India in North East in Shillong on Wednesday at its main premises.
Speaking at the inaugural function, Mukul said the new digital branch will more efficiency in banking and financial delivery mechanism.
He, however, expressed concern over Internet Banking security and stressed on the need to adopt a safe system.
He urged banks to collaborate with the government in its various programmes that would open up opportunities not only for the banks but also for micro and small entrepreneurs.
The SBI In Touch Bank is the 101st branch in Meghalaya and the first Digital branch in North East driven by smart and user friendly state of art technology with a wide range of facilities like Internet banking, Internet savings, mobile banking etc with minimum human intervention.