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

thehindu.com · 23h · first report

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

"In FY26, in 12 months, we can underwrite loans up to ₹5 crore, both covering the new-to-bank customers, as well as existing customers. Almost ₹1 lakh crore we were able to underwrite," says SBI Managing Director

The coverage

  1. 91% of Upstart's Loans Were Fully Automated Last Quarter. No Bank Can Underwrite That Cheaply.

    finance.yahoo.com · 1h

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