# SBI shifts entire cheque processing to AI, chairman says 2026-08-08T04:45:01+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet State Bank of India (SBI) Chairman CS Setty announced that the bank is moving its entire cheque processing operation to artificial intelligence. Speaking after the lender's quarterly earnings, Setty said AI will handle repetitive, high-volume tasks like fraud prevention, anti-money laundering, and cheque clearing, freeing staff for higher-value roles that require human judgment. The move is part of SBI's broader operational efficiency drive. Setty clarified that the technology will not replace customer-facing positions immediately. Customers can expect faster transaction processing and improved fraud detection. On subsidiaries, Setty ruled out any stake dilution or fresh listings for now. ## Coverage - hr.economictimes.indiatimes.com Tags: AI, banking automation, cheque processing, fraud prevention, SBI, workforce redeployment Canonical: https://indianopinion.org/sbi-shifts-entire-cheque-processing-to-ai-chairman-says/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/sbi-shifts-entire-cheque-processing-to-ai-chairman-says/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.