State Bank to set up branch for youth

Friday, 19 November 2010, 06:57 IST
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Hyderabad: In a bid to attract young customers, State Bank of India would soon launch a new branch here exclusively for the youth. The 'youth branch' would offer burgers, coffee and music to the youngsters. K Shiv Kumar, Deputy Managing Director of SBI said the bank is finalising location for the 'youth bank' and it will be set up in three months. "It will have a cafe kind of environment. It will have same banking facilities and products (like other branches)," Shiv Kumar told reporters on the sidelines of launch of cyber payment services of AP Commercial Tax department. Shiv Kumar said the first of its kind youth branch will be set up in other states as well based on the outcome of the proposed branch here. He said though SBI has the best technology and products, it felt that youngsters are not attracted by it.
Source: PTI