Bank of India and State Bank of India (SBI) sign MoU to establish Centre of Excellence for Strategic Leadership in Project Financing Across India

Exam-focused facts from the 2 December 2025 current affairs briefing.

Key facts

Bank of India and State Bank of India (SBI) collaborate on co-financing, capacity building, and co-branded initiatives.
The MoU provides a framework for the two banks to collaborate on multiple fronts.
The partnership addresses structured project financing in infrastructure, energy, and industrial development sectors.
State Bank of India (SBI) offers retail banking, corporate banking, treasury operations, and international banking.
Bank of India focuses on corporate banking, project financing, and trade services.