SBBJ celebrates Golden Jubilee Year with bell ceremony at NSE-By Sachin Murdeshwar

 

SBBJ celebrates Golden Jubilee Year with bell ceremony at NSE


Caption for the photograph : From left to right : MS. CHITRA RAMKRISHNA, Joint Managing Director, NSE; SHRI SANJAY K SINGH, Chief General Manager (Retail Banking), State Bank of Bikaner & Jaipur; SHRI SHIVA KUMAR, Managing Director, State Bank of Bikaner & Jaipur; SHRI ARUN BISARIA, Chief General Manager (Commercial Banking), State Bank of Bikaner & Jaipur.

Mumbai, (By Sachin Murdeshwar) : State Bank of Bikaner and Jaipur (SBBJ), an associate of the State of India, is pleased to announce that it has completed its 50 years of operations. The momentous occasion was celebrated with an opening bell ceremony at the National Stock Exchange in the presence of the management of SBBJ and the National Stock Exchange.

The golden jubilee is indeed a huge milestone for the bank considering it has come a long way since its formation on January 1, 1963. When the bank commenced its operations in 1963 it had 124 branches with a business of Rs 45 crore. Today 50 years later the bank has 1,000 branches and has built a massive business of Rs 20 lakh crore.

Talking to mediapersons on the occasion Shiva Kumar Managing Director, SBBJ said, “It an honour to be a part of this important milestone that the bank has achieved and I am truly humbled by the efforts each and every employee of SBBJ has put in over the years to build this bank to the size of what it is today. He further added, “This milestone has only given us more inspiration to take this bank to new heights and we all vow that we will raise our bar even further to make the next 50 years even more memorable one.”

Commenting on the occasion Ms Chitra Ramkrishna, Joint Managing Director, National Stock Exchange said, “It is indeed a major milestone for SBBJ and we are deeply honoured that they chose to celebrate the same at the National Stock Exchange with the opening bell ceremony. We wish SBBJ all the best and we know there are many more such milestones they will achieve in years to come.”

The Bank which recently opened its 1000^th branch is shifting its core focus to retail portfolio and is coming out with new initiatives to further strengthen its portfolio further.