SBI has opened a Loan recovery camp

By Pradeep Yuvaraj | September 12, 2011

A recent press report said that State Bank of India has opened a recovery cum fishery loans awareness camp for fish farmers during the fish mela organised by Fishery Department at Hapta Kangjeibung.

Reports said that the General Manager of the bank greeted the people of the State on the occasion of Ningol Chakkouba.

State Bank of India (SBI) having its headquarters in Mumbai is the largest Indian banking and financial services. SBI offers a wide range of banking products through its vast network of branches in India and overseas, including products aimed at non-resident Indians (NRIs). The bank’s loan portfolio includes home loan, personal loan, car loans, mortgage loans, gold loan, education loans etc. The bank has also recently withdrawn its teaser loan due to the higher provisioning norms stipulated by the RBI for such advances.

SBI has five associate banks with the same logo of a blue circle and all the associates use the “State Bank of” name, followed by the regional headquarters’ name such as State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, State Bank of Travancore.

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About Pradeep Yuvaraj

Pradeep Yuvaraj is a Co-Founder and Director at Finerva Financial Solutions Private Limited, a financial education company focused on personal finance education. He has penned over 250 articles relating to Personal Finance and clocked over 500 hours of educating individuals on managing personal finance. He is a serial entrepreneur and has been associated with 7 Start-ups. His entrepreneurial experience spans industries as varied as Education, Gas Engineering, Automobile Design, Software development and more recently a Pure play presentation design company. Prior to turning entrepreneur in 2005, he has worked for 3 of the top ten companies of the world - Shell, ExxonMobil and Total SA. This experience included handling Branch Operations, Channel Sales and Business Development across 5 states over a period of 8 years. He holds an MBA from Symbiosis and an Electronics Engineering Degree from the University of Pune.

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