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The Economic Times

Economy / The Economic Times

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State-run banks rolling out GCC, AI road map under EASE 9.0 reforms

Public sector banks are set to launch a global capability centre strategy by FY27. State Bank of India will lead this initiative. Banks will also develop advanced technology like AI stacks and blockchain. This move aims to modernize lenders and improve productivity. India's BFSI GCCs are projected for significant growth by 2032.

2 Mar 2026 11:58 pm