Kolkata, November 15, 2025: State Bank of India (SBI) Chairman Shri C. S. Setty visited the Global Trade Finance Centre (GTFC) in Kolkata and underscored the Bank’s commitment to building a seamless, technology-driven trade finance ecosystem. He stated that the establishment of GTFC as a centralized hub for processing Trade Finance and International Banking transactions is designed to ensure faster turnaround, stronger compliance, and a significantly enhanced customer experience.
During the visit, the Chairman noted that SBI has recently been honoured with two major recognitions at the Best Digital Bank Awards 2025 by Global Finance, London:
- Best Trade Finance Services Corporate/Institutional – India
- Best Trade Finance Services Corporate/Institutional – Asia-Pacific
The GTFC Kolkata currently serves SBI branches across the entire Eastern and Northern regions of India. With a team of over 300 skilled professionals, the centre is driving the Bank’s strategy of digitisation, process standardisation, and uniformity in trade finance operations nationwide.
SBI is transitioning from traditional paper-based processes to advanced digital workflows powered by AI/ML, blockchain technologies, and document digitisation, reaffirming its commitment to innovation, transparency, and operational excellence.
Positioning the Bank for the future of global banking, the Chairman emphasised that as global trade becomes more digitised and dynamic, SBI is reimagining its trade finance capabilities to address the evolving needs of businesses across India and beyond. “By combining cutting-edge technology with deep domain expertise, we aim to set new benchmarks in speed, security, and customer experience,” he said, reaffirming SBI’s role as a trusted enabler of India’s global trade ambitions.
