SBI to Set Up AI, Fintech Project Finance Unit

State Bank of India is setting up a unit to manage project financing solutions for "new age industries" such as artificial intelligence, e-commerce and fintech, according to a senior executive.

- Saikat Das & Preeti Singh

The public sector bank plans to complete the project within a year and will hire "specialised professionals" to staff it, said Ashwini Kumar Tewari, a managing director at the bank. It's also in the process of appointing an external consultant, Tewari said