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Informist, Wednesday, Apr. 22, 2026

 

--SBI Setty:AI can enable real time risk assessment, make ops easier for CCIL 

--CONTEXT: Comments from SBI Chairman CS Setty at an event by CCIL 

--SBI Setty: Cyber resilience, regutlatory alliance remain critical for CCIL 

 

MUMBAI – State Bank of India Chairman C.S. Setty Wednesday underscored the importance of artificial intelligence in strengthening financial market infrastructure, saying it could enable real-time risk assessment and significantly improve operational efficiency at Clearing Corp. of India Ltd.

 

Speaking at an event marking 25 years of CCIL, Setty said AI has the potential to shift institutions like CCIL from being post-trade processors to proactive risk managers. "By analysing vast datasets of transactions, counterparty behaviour and market conditions, AI can enable dynamic margining, real-time risk assessment and more accurate prediction of exposures," Setty said. 

 

Setty also highlighted the operational benefits of AI, pointing out that automation across clearing, settlement, and reconciliation processes could reduce costs while improving speed and accuracy. This, he said, would make core market infrastructure more resilient and efficient.

 

However, the SBI chairman cautioned that technological advancement must be complemented by robust safeguards. He emphasised that cyber resilience and strong regulatory coordination would remain "critical pillars" for CCIL as it navigates the evolving landscape.

 

Looking ahead, Setty said CCIL would need to adapt to new challenges including the rise of digital assets, tokenised securities and expanding cross-border flows. In this context, AI-driven systems and globally aligned regulatory frameworks will be key to sustaining trust and stability. "As markets evolve, risks will become less visible but potentially more systemic. Institutions like CCIL must not only manage risk but anticipate it," he said.

 

Setty reiterated SBI's continued commitment to supporting CCIL, noting the bank's long-standing association as a founding promoter and key participant in market development.  End

 

Reported by Kabir Sharma

Edited by Akul Nishant Akhoury

 

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