SBI to set up Innovation, Incubation and Acceleration Centre in Hyderabad, Telangana

State Bank of India (SBI) plans to set up an Innovation, Incubation and Acceleration Centre (IIAC) at Hyderabad in a bid to build in-house capability to bolster its current performance and drive higher top-line growth through innovation.

The objective of this Innovation, Incubation and Acceleration Center is to build in-house capability to improves its current performance and drive higher top-line growth through innovation. The center will be operational in about six to nine months’ time from on-boarding a consultant.