State Bank of India (SBI), 2022 Update - Enterprise Tech Ecosystem Series

State Bank of India (SBI), 2022 Update - Enterprise Tech Ecosystem Series

Summary

State Bank of India (SBI) is an Indian public sector statutory body offering banking and financial services. It provides a range of personal banking, corporate banking, investment, government banking, SME banking, and rural banking services to individual, corporate, government, and institutional clients. Its major offerings include deposit services, personal and business cards, and loans. The bank provides a variety of financial services such as mobile banking, internet banking, remittances, money transfers, mobile wallets, trade finance, merchant banking, treasury services, offshore banking, and cash management services. It is present in Asia, Europe, the Middle East, Africa, North America, and South America.

This report provides insight into SBI's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, and its estimated ICT budget.

Scope

• SBI is utilizing a variety of emerging technologies - including AI, big data, blockchain, cloud, and cybersecurity - to improve the customer experience and operational efficiency.
• SBI has been consistently expanding the range of banking and financial services offered via mobile banking.
• SBI is focusing on partnering with fintech startups to leverage their technologies in its banking operations.

• Gain insight into SBI's fintech operations.
• Discover its fintech strategies and innovation initiatives.
• Learn about its product launches, partnerships, and investments.

Companies Mentioned

Hyperverge
Microsoft
Google
J.P. Morgan
Manipal Technologies
TCS
Invoicemart
Hitachi
Jio
Dimension Data
Pine Labs
Cashfree Payments