BusinessPhoto: News18 WorldSBI Opens First Branch in Texas, Expands US Presence
State Bank of India (SBI) has opened its first branch in Frisco, Texas, marking its expansion beyond California in the US. The new branch, part of SBI's wholly-owned subsidiary, offers retail and business banking services including deposits, commercial lending, and international remittances. The inauguration was led by SBI Group Chairman Challa Sreenivasulu Setty and attended by Indian Consul General Manjunath and Frisco Mayor Mark Hill. This expansion aims to serve the growing Indian diaspora and strengthen India-US economic ties in North Texas.
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