State Bank of India will set up an Innovation, Incubation and Acceleration Center in Hyderabad, Telangana, which will be operational within six to nine months of on-boarding of a consultant.
Bank of Maharashtra has partnered with Mahagram (a fintech company) to roll out the 'Bank Sakhi' project in Odisha. Mahagram would provide the Bank of Maharashtra with financial technology and infrastructure support to augment rural financial inclusion.