State Bank Institute of Innovation & Technology (SBIIT), an ISO 9001:2015 institute, established in 1987 is located in the historic city of Hyderabad. It is SBI’s Apex ‘Technology & Digital’ Training Institute specialised in IT related Training, Research & Development, Innovation and e-learning. It is a unique training institute in the Indian Banking industry and one of the first Institutes of its kind in the whole of south-east Asia. It has played a key role in the transition of SBI from a traditional bank to an IT savvy Digital Bank.
The Institute provides training to SBI officials, undertakes research in the area of Banking Technology and also offers training to officials from other Banks & Financial Institutions. The e-learning initiatives of the Bank are spearheaded at SBIIT. Approximately 1000 hours of e-learning content has been developed and made available to over 2,40,000 employees of the Bank world-wide.
Ms Vineet Rastogi (General Manager & Director , SBIIT)
Ms Vineet Rastogi, General Manager & Director, heads State Bank Institute of Innovation and Technology (SBIIT). A post-graduate in English Literature from Hyderabad Central University, she joined the Bank as a Probationary Officer. She is also a Certified Information Systems Auditor (CISA) and a Certified Financial Planner (CFP).
She has vast experience in Banking Operations, Retail, HR, Training and Technology areas and has worked as Branch Head of several branches, as Regional Manager of a Metro Region and as Deputy General Manager (Business & Ops), heading the South Mumbai Zone.
Management Team - The Director, SBIIT is supported by a Management Team comprising of DGMs :
Shri Pavan Kumar Maganti, Deputy General Manager (Research & Administration)
Pavan Kumar Maganti, Deputy General Manager (Research & Administration) is in-charge of Administration at State Bank Institute of Innovation and Technology (SBIIT). A post-graduate in Management from Osmania University, joined the Bank as a Probationary Officer.
He has vast experience in Banking Operations, Retail, HR, Training and Technology areas and has worked as Branch Head of several branches, as Regional Manager of a Region and as Deputy General Manager (Business Intelligence) for the entire Bank at Bank’s Global IT Centre in Navi Mumbai.
Shri S Rama Mohana Rao, Deputy General Manager (e-Learning)
S Rama Mohana Rao, a Science Graduate, joined SBI in 1983. He has worked in various capacities at GITC, Navi Mumbai, ITS Department and BPM & MIS Department Hyderabad LHO and ZOCC, Hyderabad. He played a key role in, migrating the branches to ‘Bank Master’ and ‘Core Banking Solution’, in unified Hyderabad Circle. Before taking over the assignment of Deputy General Manager (e-Learning), he was DGM (IT- Yono Development) at GITC, Navi Mumbai.
Ms. S. N. Jayasri Lalitha, AGM (Faculty)
Jayasri Lalitha joined SBI in 1994. She is having vast experience in Branch Operations, General Banking and IT. She holds an enriching experience in Information Technology and had played a pivotal role in the transition from manual banking to Technology enabled platform i.e. Core Banking implementation. She has also been part of various developments in Internet Banking platforms of SBI.
Sh.B V Rao, AGM (Faculty)
Bayya Venkateswara Rao joined the bank in 1998. He is a postgraduate in Civil Engineering, CAIIB and an Oracle Certified Professional. He has vast and in-depth experience in IT enabled projects launched by SBI. He also has Branch operations experience along with an exposure of working in Performance and Planning department of SBI at Corporate level.
Sh.D N Srinivas Rao, AGM (Faculty)
Srinivas Rao D.N, joined bank in the year 1996. He is Post Graduate in Commerce with specialization in Banking and Finance. He is a CAIIB and also holds certifications in AMFI, IRDA, NISM, MSME, Cyber Crime & Fraud Management, Securities, Operational& Risk management, SI Compliance, Investment Adviser, AML&KYC, Equity, Derivative and Digital Banking. He has exposure in Branch operations and Retail Credit (PER/SME finance). His domain interest are in New Technology Initiatives and Digital Products particularly in internet banking and a unique SBI’s Digital Initiative YONO.
Sh.N G K Murthy, CM (Faculty)
N Gopala Krishna Murthy joined the Bank in 1986.He is an MBA (Banking & Finance) from IGNOU Delhi. He has vast experience of working in Branch Operations, Risk and Compliance, and has expertise in handling SME advances. He takes keen interest in contributing articles to various publications including "The Indian Banker” Magazine .
Sh.Deepak Kumar, CM (Faculty)
Deepak Kumar is a Science Graduate. He holds a Post Graduate Diploma in Business Administration (Finance) and also possesses various certifications from IIBF (e.g. SME Finance, Trade Finance) and from FIMMDA (Debt Market dealer’s module). He has 21+ years of Banking experience which includes branch operations and IT. Digital Banking and other Technology platforms/solutions, emerging trends in banking technology and Cyber Security are his areas of interest and specialisation.
Sh.B Rajasekhar, CM (Faculty)
Sh. Rajasekhar joined SBI in 1998. He is a Graduate in science and MBA (finance) from ICFAI. His previous assignments were across various verticals of Banking like Retail, Corporate, International Banking and Treasury. Mr Rajasekhar also has a stint as Manager (Credit & Forex) in SBI (California) San Diego branch. He has held assignments as Dealer Money market, Equity Dealer and a Corporate Bond Dealer.
Dr Sarika Lohana, Post-Doctoral Research Fellow
Dr Sarika R. Lohana is a PDRF having key responsibility areas as research, external consultancy, content design and rollout of executive development programmes. She possesses excellent academic qualifications - M.com, MBA specializing in HRM, M.Phil. in Commerce and PhD in Commerce. She has also completed UGC – Dr Radhakrishnan Post- Doctoral Fellowship, New Delhi. She has around 12 years of teaching, research experiences and worked at various capacities such as Asst. Professor and Asst. Director Training and Placements. She is also author of 3 books.
Ms. Lohana’s research interest areas include Financial and Marketing Management, Entrepreneurship, Banking, Corporate Finance, Neuro and Behavioural Finance. She is Doctoral Supervisor in Management subject for ICFAI University, Ranchi. She has completed certification in Corporate Finance from IESE Business School, Spain; Sustainability Through Digital Transformation from SAP and High Availability and Disaster Recovery with the SAP HANA Platform from SAP. She has co-chaired technical sessions and presented her research papers in national and international conferences. She is Guest Editor for few reputed International Journals.
Ms. Lohana has received an appreciation letter from Honourable Prime Minister Shri Narendra Modi for her co-author Book “Demonetization, Digital India and Governance” and this book also received TEAR SHEET Copy, annotation appeared in Journal of Economic Literature and American Economic Association electronic publications. She is a member of WASET, (USA). She has Case Study publications in The Case Centre, UK and ABDC Journals. She was nominated by NITI AAYOG as subject expert for content development of course “Understanding Digital Payment”. She has worked as an Adjunct Faculty at IIIT- Kottayam. She is Joint-Secretaries and coordinator of the FSLEI, New Delhi.
Sh. Rajeev Shankar, AGM (Research)
Rajeev Shankar joined the Bank in 2000. He is a Graduate and a CAIIB. Apart from 10 certification courses of IIBF, he has also completed 7 certification courses from NISM. He has a good experience in Branch operations, Retail Credit along with a stint in training. He has co-authored an e-book for promotional examinations in the banks, named “Quick Success Series”. The book was widely acclaimed by the aspirants from all over the country.
In his four-year stint in SBIIT, He has submitted 17 Research Papers to the Bank. Some of the Papers i.e. “Measures to Improve the Functional Efficiency of Branch Managers and Functionaries in the Administrative offices”, “A Detailed Study on CRM (Customer Relationship Management)”, “A Study on Rationalisation of SBI Apps” and “Transforming SBI to be a Market Leader in Transaction Banking Business” were appreciated by the DMD and Business Units. Some of the suggestions were also implemented by the Business Units.
Sh.Thomas Mathew, Manager (Research)
Thomas Mathew joined the Bank in 2009. He is a Dual Post Graduate (MCA, MHRM), PGDBA (HR & Finance), and a CAIIB. He is a Gold Medallist in the university for BCA and PGDBA. He has also completed host of certificate courses from IIBF, NSDL, IRDA etc. among others.
In his more than 11 years of service in the bank, he has worked in Credit, Forex and also holds experience in heading Branch operations in 3 branches.
He has recently joined the Research Wing in SBIIT and during this time has submitted 3 Research Papers . These are “Swayam - Ways to Enhance User Experience”, “Yono in comparison to Alternate Products in the market” and “ask SBI – in house search engine”. The YONO project submitted was well appreciated by the BU and the suggestions given were accepted for implementation.
Sh.Prasanna Babu M R, Manager (Research)
Prasanna Babu M R joined the Bank in 1998. He has over 20 years of experience in the Banking Industry. Apart from Banking experience, as a specialist cadre officer he was involved in the implementation of all the technology initiatives of the Bank since the beginning of computerization.
His qualifications include M.B.A, BSc., CAIIB, DBT and a host of certificate courses from IIBF.
He has recently joined the Research Wing in SBIIT and during this time has submitted 2 Research Papers, “How to minimize ATM Frauds” and “Technology for Financial Inclusion”. A case study along with Sh Rajeev Shankar, AGM (Research), “A Case Study on IT Integration (On account of merger of Associates Banks & BMB with SBI)” was well appreciated by the DMD & CIO