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08 March 2021

India’s Largest Bank Partners with JPMorgan for Blockchain Payment Solution

India’s Largest Bank Partners with JPMorgan for Blockchain Payment Solution


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The State Bank of India (SBI), a major Indian bank, has collaborated with Wall Street giant JPMorgan to utilize the latter’s blockchain solution for efficient cross-border transactions. .

The bank is the first financial institution in India to join the blockchain network.

So far, there are 100 banks globally that are active on the Liink network, with more private and state-owned institutions discussing with JPMorgan to join the blockchain platform.

We are excited to be the first bank in India to go live on the network and look forward to a closer partnership with JP Morgan on implementation and exploring applications as part of the network to better serve our clients.”

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