SBI's first branch inaugurated in Frisco, Texas

SBI (California), a wholly-owned subsidiary of India's largest lender State Bank of India (SBI), has inaugurated its new branch in Frisco, Texas. With this branch, the subsidiary has made its first physical expansion outside California, bringing its total number of branches in America to 8.

The inauguration ceremony was led by SBI Group Chairman Challa Srinivasulu Setty. On this occasion, India's Consul General in Houston, DC Manjunath, and Mayor of Frisco, Mark Hill, were also present. Located in the rapidly growing North Dallas region, this Frisco branch is designed to provide all retail and business banking services.

This branch will provide services such as personal and business deposits, commercial lending, and international remittances. These services have been specifically tailored keeping in view the individuals, professionals, entrepreneurs, and corporate entities of North Texas. According to a report by Business Standard, this branch will help strengthen economic and trade relations between India and America and increase financial connectivity for the Indian community residing in North Texas.

SBI's direct presence in America is also strong, with full-service branches in New York, Chicago, and Los Angeles, and a representative office operational in Washington.

State Bank of India (SBI) is an Indian multinational public sector bank and a statutory financial institution headquartered in Mumbai. It is India's largest bank in terms of assets and deposits. As of July 2026, the bank had a customer base of 53 crore and is known as India's 13th largest employer, with approximately 2,60,000 employees working.