JPMorgan announced that it has become the first bank to enter the metaverse. It has opened a lounge in Decentraland i.e. a virtual world based on blockchain technology.
State Bank of India has collaborated with Tata Power Solar Systems Ltd. To launch a dedicated centralized processing cell named 'Surya Shakti Cell' to strengthen the existing financing arrangement for solar power projects.
Indian Banks' Association has announced the IBA's 17th Annual Banking Technology Awards 2021. In total South Indian Bank has won 6 awards in the event.