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State Bank of India (SBI) has laid the foundation stone for its sixth apex training institute at Rajarhat in the eastern fringes of Kolkata.
Christened the State Bank Institute of Management, the institute would be set up on a 10-acre plot acquired commercially from the West Bengal Housing Infrastructure Development Corporation Ltd, a release said.
According to the release, Pratip Chaudhuri, Chairman, SBI, said one of priorities of the bank would be to train the 5,500 officers and approximately 20,000 clerks recruited in the last couple of years.
SBI “proactively planned for its leadership pipeline” before it decided to set up this institute, Chaudhuri was quoted saying in the release.
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