💨 Abstract

Union Finance Minister Nirmala Sitharaman announced that State Bank of India (SBI) will open 500 new branches in FY 2025. The bank currently has 23,000 branches, 6580 ATMs, and serves over 50 crore customers. SBI's digital app has 8 crore customers and handles around 20 crore UPI transactions per day.

Courtesy: theprint.in

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