SBI eyes 2 lakh clients for wealth business
State Bank of India (SBI), which offers personalised banking and investment services to its high net-worth individual (HNI) customers under SBI Wealth, is planning to cover 2 lakh customers in this segment in the next two years. The country's largest lender had launched its wealth business services in 2016. SBI Wealth currently serves nearly 35,000 customers. SBI Wealth has presence in 20 major centres with a network of 90 Wealth Hubs in the country. A Wealth Hub offers HNI customers best products across categories, and they will have flexibility to invest, transact and view their portfolio through various modes.