The country's largest lender, State Bank of India (SBI), used artificial intelligence to underwrite nearly ₹1 lakh crore in MSME loans of up to ₹5 crore each during 2025-26, a senior bank official said on Wednesday.

In a recent statement, CS Setty, Chairman of the State Bank of India, underscored AI's transformative potential for the Indian banking sector. He asserted that widening credit…

MUMBAI: Artificial intelligence could help banks expand credit to rural India, small businesses and farmers while improving risk assessment and productivity, SBI chairman CS Setty…