Categories: Banking

SBI opened a floating ATM on Dal Lake in J&K’s Srinagar

State Bank of India has opened a floating ATM on a Houseboat at Dal Lake in Jammu and Kashmir’s Srinagar for the convenience of locals and tourists. The floating ATM was inaugurated by SBI Chairman Dinesh Khare. This is not the first time that SBI has launched a floating ATM as back in 2004, the bank took this initiative in Kerala. The SBI installed a floating ATM at Jhankar yacht, which operates between Ernakulum and Vaypeyan region, owned by Kerala Shipping and Inland Navigation Corporation (KSINC).

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The SBI’s floating ATM was commissioned by Ashok K., Deputy Managing Director of Mumbai Corporate Center, launched by Kinney. The State Bank of India is the nation’s largest commercial bank, in terms of assets, deposits, customers, branches and employees. The bank has the largest network of 22,224 branches and 63,906 ATM / CDM in India with 71,705 BC outlets.

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SBI Chairperson: Dinesh Kumar Khara.
SBI Headquarters: Mumbai.
SBI Founded: 1 July 1955.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.