SBI launches innovation lab

To provide a platform for checking out new ideas, where the hardware, software, connectivity with the banks' core banking solution etc are available for running pilot projects and fine-tuning solutions

PTI | August 2, 2011



The nation's largest lender State Bank of India gas launched an 'Innovation Lab' at its headquarters to better serve its large millions of its clientele and to increase the efficiency of its 2.3 lakh staff.

The lab will provide a platform for checking out new ideas, where the hardware, software, connectivity with the banks' core banking solution etc are available for running pilot projects and fine-tuning solutions, the bank said in a release.

The lab is designed to enhance the future branch banking experience of customer. With an increased focus in providing convenient banking facilities to customers, the Lab aims at increasing operational efficiencies at the branch level in servicing customers. The Lab was inaugurated by managing director and group executive A Krishna Kumar.

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