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State Bank of Travancore (SBT) was originally established as Travancore Bank Ltd. in 1945 sponsored by the erstwhile Princely State of Travancore. Under a special statute of the Indian Parliament (SBI subsidiary Banks Act 1959) it has been made an Associate of the State Bank of India and a member of the State Bank Group, the largest banking group in India.
The Bank is alive to its developmental role and actively participates in meeting need-based requirements of Small Scale Industry (SSI), Agriculture and Small business. It has consistently met the benchmarks for priority sector advances stipulated by the Government from time to time. More than 40% of net bank credit is to the Priority sectors. The Bank attaches priority to this vital sector and encourages technocrats and women entrepreneurs. Bank's Technical Consultancy Cell assists the small units in evaluation of techno-economic feasibility of their projects. Bank has setup exclusive Small Scale Industries (SSI) Branches for this sector.
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