C-DAC and Bank of India Join Hands to Advance Indigenous Quantum Technologies for Banking Applications

C-DAC and Bank of India signed an MoU on 22 October 2026 to collaborate on quantum, AI, and blockchain technologies for financial innovation.

• The MoU was signed on 22 October 2026.
• Shri Aditya Kumar Sinha and Shri Satyendra Singh exchanged the MoU.
• The agreement focuses on developing a Quantum Ecosystem for Financial Innovation.
• The collaboration includes training programmes in Quantum Computing, Quantum Security, and Blockchain.
• Shri S. Krishnan, Secretary of MeitY, and Shri E. Magesh, Director General of C-DAC, commented on the initiative.