Key Points
Kolkata: State Bank of India is likely to shift its centralised global back office and some other foreign exchange related departments from Kolkata to Mumbai, the country's financial capital, in yet another move to centralize operations...
The back office was set up in 2015 in the City of Joy when Anundhati Bhattacharya was the chairperson of the bank..
The back office works 22x7 to cater to customers in Sydney, Bahrain, Hong Kong, London and New York...
"The global market unit generates significant revenue," said Soumya Datta, former general secretary of All India State Bank Officers' Federation..
"We appeal to your good office to initiate suitable measures to ensure that the operations of the prestigious global market unit of Kolkata continues to function from Kolkata," Datta said in a letter dated March 17 to the chief minister...
