State Bank Of India is an Indian multinational public sector bank & financial services statutory body, and its headquarters are located in Mumbai, Maharashtra. It is the 43rd largest bank in the globe, and it was listed in the Fortune Global 500 list of the world's largest businesses of 2020 & got the 221st position on the list. It was the only Indian bank to make it to the list.
State Bank Of India (SBI) is India's largest commercial bank regarding profits, deposits, assets, branches and employees. All the branches and administrative offices of the State Bank Of India sponsor and take part in various welfare activities and social causes. SBI is more than what you can imagine because they connect with you personally & touch the lives of people all over the country.
Furthermore, It holds a 23% market share by assets and a 25% share of the total loan and securities market. SBI has the fifth most extensive number of employers in India, which is approximately more than 2,50,000 employees. The representation of women employees is nearly 26% of the total number of employees.
Challenges Faced By SBI
The State Bank of India has approximately 36 local head offices spread all over the country, and each local head office has nearly more than 150 branches with a vast number of currency chests as well. So, as SBI is functional in so many different areas in the country, it was highly important for them to strengthen the safety & security of their offices. SBI requires a secured Biometric Access Control, which can duly perform its job of controlling the access of a highly secured region. Plus, they required a robust access solution that can be worthy enough to deliver essential reports/documents and keep track of everything.
Besides all these requirements, SBI also needed an access control system to allow two authorized persons to enter the office only if they placed their fingers simultaneously. That means the door should not be opened by a single user's swipe, even if that person is an authorized one. For example - If the bank manager and the cashier both swipes their finger simultaneously, then only the door will be opened & they will be allowed to enter the office. But if the bank manager alone wants to open the door, it will not open.
As everyone is familiar with the fact that the branches of the State Bank Of India are rapidly spreading all over the country, i.e. from cities to remote villages & this is why they have to face a lot of challenges because of the unavailability of proper resources such as electricity, internet, GPRS network and much more. So, the access control system was the most critical solution for them as it will be independent of all these limitations & hindrances, data can be downloaded easily and can also be processed without any obstacles.
Solutions Offered By Smart I
Smart I has examined all the requirements of the State Bank Of India, and based on that, Smart I has deployed a complete solution with the help of a System Integrator. Smart I has offered solutions that include a Biometric Access Control System with Dual User Authentication. So, the two users will be configured for authentication, and both of them will have to swipe their fingers simultaneously, and then only the door will be opened for them.
Also read : How Identity Management Solutions Are Shaping The Future Of Bank And Financial Institutions.
Smart I's Biometric Access Control Systems onboard TCP/IP Communications are already functional and can be connected to the central location if an internet connection is available in that particular zone. However, in the case of State Bank Of India, Smart I have moved one step further and have introduced "USB Communication". Now, the data can be downloaded on a simple USB Drive, and it can be processed at a central or local server. The primary advantage of this aspect is that it helps in eliminating the dependency on TCP/IP, Internet or GPRS means of communications.
SBI faced so many complications & required access control solutions. Smart I offered solutions to help in building a safe & secure environment and incorporated security solutions with a conception of necessities & relaxed atmosphere in the future as well.
Sooner or later, it is crucial to implement safety measures to protect your business by choosing the right security methods such as access control systems, time attendance solutions, server room security solutions etc. Thereafter, one should also make the employees aware of the physical security of the enterprise and encourage them to be active and vigorous in any threat that arises.