SBM to open 2 new branches in Hyd

 The two branches are located at Kukatpalli and Chaitanyapuri and will be inaugurated by TK Dewan, the principle secretary of department of housing and DT Nayak, the additional commissioner of police, respectively, according to a release here.

 M Sitarama Murthy, the managing director of SBM, will preside over the inaugural function. With these two new branches, the total number of branches in the city would increase to eight. The bank has entered into 91st year of operations, the release added.