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The Economic Times
The Economic Times

SBI uses AI to underwrite nearly Rs 1 lakh crore in MSME loans in FY26

MSME SBI State Bank of India Artificial Intelligence

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

"In FY26, in 12 months time, we are able to underwrite loans up to Rs 5 crore, both covering the new-to-bank customers, as well as existing customers. Almost Rs 1 lakh crore we were able to underwrite," SBI Managing Director Rama Mohan Rao Amara said at the annual FIBAC event here.

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