SBI Underwrites ₹1 Lakh Crore MSME Loans Using AI, Automates Cheque Processing

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Technology

12 August 2026 at 10:37 pm

SBI Underwrites ₹1 Lakh Crore MSME Loans Using AI, Automates Cheque Processing

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Summary

State Bank of India utilized AI to underwrite nearly ₹1 lakh crore in MSME loans in FY26 and automate cheque processing up to ₹10,000, enhancing customer satisfaction and employee efficiency.

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