State Bank of India has opened its first branch in Texas, inaugurating a new outlet of its American subsidiary in Frisco, North Dallas, in what the bank describes as a landmark moment in its international expansion. The branch is the first that the subsidiary, State Bank of India (California), has opened outside California, and it takes the subsidiary’s branch network in the United States from seven to eight.
The inauguration ceremony was led by SBI Group Chairman Challa Sreenivasulu Setty, alongside the Consul General of India in Houston, D.C. Manjunath, and Frisco Mayor Mark Hill. Located in the rapidly growing North Dallas region, the new branch will offer a full suite of retail and business banking services.
The Frisco branch will handle retail deposits, commercial lending, remittances to India and across the globe, and specialised services for Non-Resident Indians — a customer base that has grown sharply in the Dallas-Fort Worth area, which is home to one of the largest and fastest-growing Indian communities in the United States. The bank said it chose Dallas because the city serves as a major commercial centre for the region.
Beyond the eight subsidiary branches, SBI also operates three direct branches in the United States — in New York, Chicago and Los Angeles — along with a representative office in Washington DC. In all, the bank now has 245 overseas points of presence across 29 countries, making it India’s most international lender by a wide margin.
The expansion comes as SBI’s overseas business gathers pace. For the quarter ended September 30, 2026, the bank’s foreign advances rose 22.86 per cent year-on-year to Rs 8,31,332 crore, while deposit mobilisation at overseas branches grew 22.61 per cent to Rs 2,83,319 crore — figures that underline how important the international book has become to the country’s largest lender.
For the Indian diaspora in Texas, the new branch means banking with an Indian institution that understands their needs — from remitting money home to financing a business or buying a property. The bank said the Frisco branch had been established to address the banking requirements of the region’s vibrant and expanding community, including individuals, professionals, entrepreneurs and businesses.
The inauguration, the bank said, marks a significant milestone in its international growth journey. With the Indian community in North Texas continuing to grow, and with trade and investment ties between India and the United States deepening, the Frisco branch is likely to be the first of more steps in the bank’s American expansion.
