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Hyderabad Buzz: 'Swiss Bank' In Banjara Hills

If you thought that the conventional SBI is for an average middle class Indian then read this. They have come up with a rather dynamic initiative and opened up a branch in the posh Banjara Hills which is no less than a Swiss Bank for the local millionaires.
 
Yes, we are talking about the SBI Kohinoor branch in Banjara Hills which deals in premium banking only. For starters, in order to open an account, a customer must have a minimum balance of Rs 1 cr and he/she can obtain an application only if the bank sends them an invite to open an account, this they do after full scrutiny of the customer’s profile.
 
True to the customer status, the bank has come up with state of the art facilities and interiors which include video conferencing, anytime locker access facility, lounge area and few other VIP facilities. Well, this is a good move by the SBI to tap the millionaires who believe in pushing their funds to an overseas bank or a foreign bank.
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