SBI Introduces UPI Interoperability With eRupee CBDC for Seamless Transactions

[ad_1] The State Bank of India (SBI) has announced the implementation of Unified Payments Interface (UPI) interoperability with the Digital Rupee, also called as Central Bank Digital Currency (CBDC). With this move, SBI aims to deliver convenience and accessibility to its customers. This feature, accessible through the ‘eRupee by SBI’ application will empower users to … Read more

SBI Said to Use AI/ML Extensively in Operations: All Details

[ad_1] SBI on Monday said it has proposed to enhance the use of business analytics and AI/ML in decision-making and operations by deploying NextGen Data Warehouse and Data Lake and exploring new partnerships with fintechs and NBFCs for co-lending. The country’s largest lender, in its annual report posted on stock exchanges on Monday, said it … Read more