(MT Newswires) -- Dinesh Khara, CEO of State Bank of India, highlights growth opportunities in various sectors, including renewable energy, with a focus on solar panels, electric vehicles, battery storage and hydrogen. Khara also approves of the measures taken by regulators to maintain healthy growth in the face of rapid growth in consumer loans, which stood at around 30%. The SBI forecasts unsecured loan growth of 14-15%, in line with economic growth and inflation, estimated at 7.5% and 5% respectively. SBI is evaluating the implementation of artificial intelligence to improve its operations, with action plans in the pipeline. Dinesh Khara is convinced that AI will not replace employees, but will enrich their work by allowing them to focus on more rewarding activities.

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