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, […]
Bank of Baroda Appoints Rakesh Nema as Chief Technology Officer
Bank of Baroda has appointed Rakesh Nema as its new Chief Technology Officer (CTO), with the appointment taking effect from August 5, 2026. The move comes as the public sector bank continues to strengthen its technology capabilities and expand its digital banking operations. In his new role, Nema will be responsible for overseeing the bank’s […]
The BFSI Cybersecurity 100: India’s Most Influential CISOs – 2026
Introduction The BFSI sector is undergoing a profound digital transformation, bringing unprecedented opportunities for innovation while simultaneously expanding the cybersecurity landscape. As banks, insurance companies, mutual funds, fintechs, and financial platforms become increasingly dependent on digital infrastructure, the role of the Chief Information Security Officer has evolved from managing technology risks to becoming a strategic […]
Riverline AI Is Building an AI-Powered Credit Companion to Help Indians Take Control of Their Finances
India’s financial ecosystem has grown rapidly over the last decade, but millions of people still struggle to manage debt, improve credit scores, and understand their financial options. Riverline AI is working to solve this challenge by building an AI-powered credit companion that helps borrowers make better financial decisions. In an exclusive conversation with Indian Startup […]
