SBI launches TAB-based digital NRI account onboarding journey
Deccan ChronicleMumbai: State Bank of India, the country’s largest bank, has announced the launch of a TAB-based end-to-end digital on-boarding process for Non-Resident Indians to streamline the opening of NRE and NRO accounts. This initiative was inaugurated by SBI Chairman, Shri Challa Sreenivasulu Setty and has been made available across SBI branches in India and select foreign offices, employing digital tools to enhance the efficiency and convenience of account opening. Speaking on the launch, Challa Sreenivasulu Setty, Chairman, SBI, highlighted the transformative potential of the solution, stating, “The introduction of TAB-based end-to-end digital NRI account on-boarding journey represents a significant stride in leveraging cutting-edge technology to redefine customer convenience. This end-to-end digital solution will drastically reduce the turnaround time and delivering a truly seamless digital experience.” This solution underscores SBI's enduring commitment to banking excellence as well as innovation.