PSB Reforms under EASE 9.0:
Under the EASE 9.0 reforms agenda, public sector banks (PSBs) will pursue important reforms to prepare PSBs to leverage technology and improve productivity and scale through new business models.
- Public sector banks will implement a global capability centre (GCC) strategy in FY 2026-27 and prepare a capacity-building roadmap.
- State Bank of India (SBI), which established the first GCC among state-run lenders earlier this year (in Karnataka), will take the lead.
- GCCs are offshore units of multinational corporations that perform strategic functions like IT, R&D, and business support.
- Banks are expected to assess active-active data centre models for inclusion in their five-year business plans to ensure business continuity and resilience.
- Develop core AI stacks, including LLM (Large Language Model) licensing, GPU strategies, and private cloud model deployment.
- Build enterprise-wide consent management capabilities.
- Implement at-scale data tokenisation and anonymisation to enable continuity of data usage for business and strategic purposes.
- Banks will combine strengths to offer complete banking solutions, including blockchain technology, advanced risk assessment, and fraud detection models.
