Mumbai, Sep 21 (PTI) SBI chairman Dinesh Khara has launched the Rs 22.5 crore hub for data science and analytics in IIT Bombay on Wednesday.

The CSR arm of the country's largest lender had previously committed the money to solve challenges faced by the Indian banking, financial services and insurance sector, as per a statement.

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*** Axis Bank launches 'Neo for Business' * Axis Bank on Thursday launched a mobile-first banking proposition targeted at small businesses.

Christened as 'Neo for Business', the platform has features like self-onboarding and payout and collection management solutions, according to a statement.

*** TCS bags contract to help home improvement firm Kingfisher * TCS on Thursday announced that it has bagged a contract to help European home improvement company Kingfisher on the customer experience front.

The value of the contract was undisclosed, and the customer has chosen the artificial intelligence-powered unified commerce platform 'TCS Omnistore', a statement said.

*** Icra Analytics ties up with Factset * Icra Analytics on Thursday announced a tie-up with Factset to provide users with daily security level valuation of fixed income securities.

The company is currently one of the two valuation agencies authorised for the valuation of fixed-income securities, a statement said.

*** AU Small Finance to sell Max Life Insurance policies to customers * AU Small Finance on Thursday said it will be selling Max Life Insurance's policies to customers.

The two entities entered into an bancassurance partnership through which the customers can access the insurance plans, according to a statement.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)