PNB Andhra Pradesh sign Quantum Finance Hub MoU
Andhra Pradesh and Punjab National Bank signed an MoU to establish India's first bank-led Quantum Finance Hub at Amaravati Quantum Valley, aiming to leverage AI and quantum computing to enhance cybersecurity, fraud detection, and digital banking. The hub will unite industry, academia, startups, and government agencies to develop and test next-generation banking solutions, with the initiative inaugurated by PNB's Ashok Chandra in the presence of Chief Minister N. Chandrababu Naidu.