The State Bank of India (SBI) will set up an Innovation, Incubation, and Acceleration Centre (IIAC) at Hyderabad, Telangana which will be operational in six to nine months of on-boarding a consultant. This Centre will be the bank’s in-house capability to enhance its current performance and drive higher top-line growth through innovation. It will help the bank to develop a set of technologies, knowledge, and skills for the introduction of new products and services. It will act as a central body to govern and drive fin-tech partnerships and implement change across the bank.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Important takeaways for all competitive exams:
India is one of the world’s leading wheat-producing countries, and this crop plays a major…
High in the majestic mountains, some rivers flow through steep valleys and snow-covered peaks, creating…
In a major boost to India’s innovation ecosystem, Tamil Nadu has unveiled the country’s first…
The newly formed Keyi Panyor district is set to make history by becoming India’s first…
Bengaluru has been ranked the best city for women in India in 2025, emerging as…
India has launched Mission Sudarshan Chakra, an ambitious national programme aimed at building a comprehensive,…