Indian PSBs to adopt global capability centre strategy by FY27 – report

India's public sector banks is reportedly planning to implement a global capability centre (GCC) strategy in the 2026-27 financial year, reported The Economic Times citing sources. State Bank of India (SBI), which established the first such GCC among state-owned banks earlier this year, is expected to guide the rollout. The financial institutions are also considering active-active data centre models for possible inclusion in their next five-year business strategies. A bank executive was quoted by ET as sayi ...