To commemorate its 70th anniversary, the State Bank of India has launched two Global Trade Finance Centres in Kolkata and Hyderabad.

These centres aim to accelerate import/export transactions, enhance compliance, and boost trade finance services across India.

Key Points:

• SBI inaugurated new Global Trade Finance Centres in Kolkata and Hyderabad on July 1, 2025, as part of its 70th anniversary celebrations.
• Each centre is staffed with over 800 skilled professionals dedicated to handling import, export, and inland trade transactions.
• The initiative is expected to streamline documentation, strengthen regulatory compliance, and reduce turnaround time for trade-related services.
• These centres mark a strategic expansion to reinforce SBI’s international banking presence and trade finance capabilities.
• The move aligns with SBI’s broader goal of scaling up operations through the IFSC unit at GIFT City and supporting global supply-chain finance.