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.
Axis Bank has signed an MoU with IPE Global for strengthening India's healthcare infrastructure by providing affordable finance of up to USD 150 million (about Rs 1,140 crore) through SAMRIDH.