State Bank of India wins Celent’s Model Bank Award 2018 for ‘Operations and Risk’

TCS announced that its customer, State Bank of India was selected as a Model Bank winner by Celent, a leading Global Research and Advisory Firm for the financial services industry, as part of its annual and highly coveted Model Bank awards for the year 2018. SBI was chosen for successfully consolidating one bank and five other associate banks onto a single core banking platform and what was noteworthy about this accomplishment was this entire integration was done in six weeks. Averaging one bank a week, these are the banks that were integrated with SBI - Bharatiya Mahila Bank, State Bank of Travancore, State Bank of Mysore, State Bank of Bikaner and Jaipur, State Bank of Patiala and State Bank of Hyderabad.