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SBI to Launch Centre of Excellence for Project Financing in AI, E-Commerce & Fintech

  • SBI plans to establish a Centre of Excellence for project financing in emerging industries such as AI, e-commerce, and fintech, aiming to make it operational within a year.
  • The CoE will have specialized professionals and will focus on diversifying SBI's existing project finance and structuring capabilities, which have traditionally focused on large infrastructure projects.
  • This move comes as SBI recognizes the increasing importance of lending to new-age industries and renewable energy sectors in its project financing portfolio.

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