State Bank Of India

BSE: 500112 | NSE: SBIN
Large Cap | Bank - Public
1039.75
1.55 (0.15%)
< Home < Back

State Bank of India planning to set up innovation, incubation and acceleration centre: Report

Date: 17-03-2022

State Bank of India (SBI) is reportedly planning to set up an Innovation, Incubation and Acceleration Centre (IIAC) at Hyderabad. The Centre is in a bid to build in-house capability to bolster its current performance and drive higher top-line growth through innovation. The centre will be operational in six to nine months of on-boarding a consultant.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.