SBI Plans to Expand AI-Based Cheque Processing to Cover Over 50% of Transactions
Mumbai, August 25, 2026: State Bank of India (SBI) is set to significantly expand the use of artificial intelligence (AI) in cheque processing, with the bank planning to increase the threshold for fully automated processing from ₹10,000 to ₹1 lakh. The move is expected to bring more than 50–55% of SBI’s cheque volumes, by number, […]
