The State Bank of India (SBI), India's largest bank, on the occasion of its 60th foundation day unveiled a digital banking initiative sbiINTOUCH.

SBI launched six state-of-the-art digital stores in five cities across India. Located in malls or high street shopping destinations in Delhi, Mumbai, Bangalore Chennai and Ahmedabad, these digital stores aim to deliver best-in-class services to the bank's growing tech-savvy customer base.

Shares of the bank declined Rs 5.10, or 0.19%, to settle at Rs 2,680.80 at the BSE (Tuesday).