SBI to implement AML software AMLOCK from 3i Infotech

State Bank of India (SBI), India’s largest financial services conglomerate has contracted to implement Anti Money Laundering (AML) software AMLOCK from 3i Infotech, a global provider of IT solutions and the fourth largest Indian software product company.

The AMLOCK software will be implemented across the State Bank Group comprising SBI and its 6 associate banks viz; State Bank of Patiala, State Bank of Bikaner & Jaipur, State Bank of Indore, State Bank of Hyderabad, State Bank of Mysore and State Bank of Travancore having more than 16,000 branches across the country.