SBI scales up treasury operations

Mumbai, December 4, 2007 : SBI Chairman, Shri OP Bhatt, inaugurated the bank's new dealing room at Mumbai.

Speaking on this occasion, Shri Bhatt said, "Treasury operations are key profit centre for the bank. The new start art dealing room will help SBI scale up its market operations and leverage the latest technology that will help us offer many more value added products to our clients both at home and abroad and more effectively integrate our global operations."

SBI has been expanding its presence and penetration in new markets abroad and has recently re-branded its Treasury as SBI - Global Markets. Shri Anjan Barua, Chief General Manager, Global Markets said, " The expansion of market operations are part of a series of initiatives to increase SBI's presence and penetration in the global markets and bring home to our customers benefit of our reach and relationships in various countries."