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 saying: “Some of these initiatives will be pursued as part of the latest reforms agenda. Banks will also look at combining strengths to offer complete banking solutions, including blockchain technology, advanced risk assessment and fraud detection models.”
This development aligns with the EASE 9.0 reform framework, which is intended to update public sector banks through improvements in governance, technology and risk management.
As part of these reforms, banks are preparing to construct core AI infrastructure, including steps for licensing large language models (LLMs), formulating GPU strategies, and deploying private cloud systems.
In January, SBI announced its GCC would operate as a central hub to provide banking services to similar centres located in Indian state of Karnataka.
The reforms, directed by the Department of Financial Services (DFS), are designed to streamline processes and improve operational standards across state-run lenders.
Another bank executive commented: “Some of these initiatives were also discussed during PSB Manthan held last year. The idea is to prepare PSBs to leverage technology and improve productivity and scale through new business models.”
EASE 9.0 will also see public sector banks enhancing their consent management systems and expanding their use of data tokenisation and anonymisation solutions.
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