SBI
Game-changer alert: SBI launches centralised trade finance hub in Kolkata
India's largest bank State Bank of India has established its Global Trade Finance Centre (GTFC) in Kolkata as part of a broader effort to reimagine its trade finance and international banking capabilities.
Designed to centralise the processing of trade finance and international banking transactions, the centre supports all SBI branches across eastern and northern India, enabling faster turnaround times, stronger compliance oversight and a significantly enhanced customer experience.
By combining advanced technology with deep domain expertise, SBI is setting new benchmarks in speed, security and service excellence while meeting the evolving needs of businesses engaged in domestic and cross-border trade.
GTFC Kolkata operates with a total staff strength of 277 employees, comprising a balanced mix of SBI personnel and outsourced resources.
Of these, 161 are SBI employees, 105 are outsourced personnel and 11 are temporary staff, with all outsourced and temporary roles filled locally. Notably, 61% of the workforce—169 employees—are from West Bengal, underscoring the GTFC’s commitment to local employment and capability building. Since 2024, GTFC has also contributed ₹1.40 crore in GST to the State of West Bengal, while reinforcing SBI’s position as a trusted enabler of India’s global trade ambitions.
The Global Trade Finance Centre in Kolkata stands as a testament to SBI’s continued focus on strengthening operational efficiency while supporting India’s expanding global trade ecosystem.
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