SBI top brass discuss future strategy

The top management of the State Bank of India - the country's largest mortgage lender- is holding a two-day strategy meeting in Bangalore to chalk out its path in the changing banking scenario, said senior bank officials.

Speaking to IANS on the condition of anonymity, the officials said the two day meeting kick started on Friday.

"Today (Friday), experts in different fields addressed the bank officials on the future course of banking and technology and how it would impact the existing players," said an official, but declined to reveal the firms and individuals who addressed the bank's top brass.

The meeting assumes significance as technology adoption by the banking sector and other sectors relating to banking will be at manifold levels in the coming days.

According to officials, the expert speakers who spoke at the meeting outlined different scenarios and how it would impact banks and how they can join hands to move ahead.

"On Saturday, the bank's top management would deliberate on its strategy of moving forward in a complex market," said an official.