Excelsior Correspondent
JAMMU, Sept 29: State Bank of India (SBI) has made 63 out of their 67 branches fully functional in Kashmir valley till today.
The four branches at Badshah Chowk, Badami Bagh, Jawahar Nagar and Rajbagh in Srinagar City are in severely inundated areas, which have suffered extensive damage to equipments and shall take some more time to be made operational. Customers of these branches can avail banking facility from nearby branches of our bank for the time being.
In addition to this, 132 ATMs in the Valley are operating normally and customers are drawing their cash from these ATMs. SBI has also deployed 7 mobile ATMs in still inaccessible points of Srinagar and these are serving large population. The ATMs will also be kept operational during ensuing holidays.
As normalcy of banking operation has been restored to a large extent, SBI will soon launch rehabilitation and restructuring scheme for its affected customers to help them rehabilitate their business quickly.
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