The largest lender of the country, State Bank of India has come up with a new concept of 'Innovation Lab'. Situated at its headquarters, the lab has been designed so as to enhance the efficiency of the 2.3 lakh employees of the bank along with improving services offered to the client base of the bank in millions.

The lab was inaugurated by MD and group executive of the bank, Mr A Krishna Kumar.

The lab will encourage new ideas. All facilities in terms of hardware, software, connectivity in terms of core banking solution are available in the lab, the bank said.

The main motive of the branch is to carve out better ways to enhance the branch banking experience of the customer in future.