State Bank of India anticipates deploying foreign currency deposits over three months. The bank is enhancing artificial intelligence adoption across key operational areas. Agentic AI will perform tasks autonomously, improving efficiency and risk management. This technology aims to extend personalized financial advice to millions of customers. Stronger controls and human oversight will guide AI's increasing financial participation.

Recent foreign currency deposits could provide a short-term uplift to the growth patterns in bank lending. With the narrowing of differentials, it's anticipated that domestic…

The SBI Chairman said banks are unlikely to deploy the surplus liquidity immediately, as the banking system had a ₹10.5 lakh crore surplus as of September 8.