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SBI Chief at Davos 2026: AI and Cybersecurity Top Bank's Tech Agenda

State Bank of India Chairman Challa Sreenivasulu Setty emphasized the bank's strategic focus on adopting artificial intelligence and building cybersecurity resilience at the World Economic Forum 2026 in Davos. The forum, themed "A Spirit of Dialogue," brings together global leaders to discuss pressing challenges. India's economic and technological progress was highlighted by Union Ministers pitching the country as a leading renewable energy market and a rising force in semiconductor manufacturing. The ministers projected India is on track to become the world's third-largest economy.

Key Points: SBI Focus on AI & Cybersecurity at Davos 2026 Forum

  • SBI's focus on AI adoption
  • Strengthening cybersecurity resilience
  • India's growing tech profile at Davos
  • Renewable energy investment pitch
  • Semiconductor production milestone
2 min read

SBI Chief highlights bank's focus on emerging technologies like AI and cybersecurity at the World Economic Forum 2026 in Davos

SBI Chairman Challa Sreenivasulu Setty details the bank's focus on AI adoption and cybersecurity resilience at the World Economic Forum in Davos.

"...the focus is more in terms of understanding the evolving technologies, particularly on the AI side, and also how overall cybersecurity resilience is being built... - Challa Sreenivasulu Setty"

Davos, January 22

State Bank of India Chairman Challa Sreenivasulu Setty highlighted the bank's focus on emerging technologies like AI and cybersecurity at the World Economic Forum 2026 in Davos, Switzerland.

Speaking to ANI, he emphasised that SBI has been a regular participant in the forum, aligning its priorities with the annual theme, and is now concentrating on AI adoption and strengthening cybersecurity resilience.

Speaking on the sidelines of the 56th Annual Meeting of the World Economic Forum in Davos-Klosters, Setty said, "... For quite a number of years, we have been one of the first few banks from India which have been participating in the World Economic Forum. And every year, of course, as the theme changes, we also focus on those themes. For the last two years, I've been coming here. And the focus is more in terms of understanding the evolving technologies, particularly on the AI side, and also how overall cybersecurity resilience is being built..."

The WEF Annual Meeting 2026 is being held from January 19 to 23 under the theme "A Spirit of Dialogue," bringing together nearly 3,000 participants from over 130 countries, including a record number of global leaders, CEOs, Innovators and policymakers. The gathering aims to foster forward-looking discussions on pressing global challenges and collective priorities.

India's growing economic and technological profile has been a key highlight at Davos this year. Union Minister Prahald Joshi pitched India as one of the world's fastest-growing renewable energy markets, urging global investors to partner in the country's clean energy expansion.

Meanwhile, Union Minister Ashwini Vaishnaw said India has finally made a significant mark in the semiconductor sector after decades, with one of four pilot plants set to begin commercial production by late February. He also stressed that India is on Track to become the world's third-largest economy in the coming years, driven by sustained growth, structural reforms and technology-led execution.

- ANI

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Reader Comments

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Sarah B
As someone who works in tech, it's impressive to see SBI at Davos focusing on these themes. Cybersecurity is non-negotiable, especially with UPI's scale. The real test will be implementing these technologies effectively across all branches, including rural ones.
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Priya S
Good to hear, but I hope the focus on AI doesn't mean reducing human customer service. Sometimes you just need to talk to a person, especially for complex issues. Balance is key! 🙏
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Rohit P
India shining at Davos! From SBI's tech focus to semiconductors and renewable energy – this is the new narrative. Makes me proud. Jai Hind!
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Karthik V
While the intent is good, I respectfully hope SBI first fixes its basic netbanking and app glitches. Last week, my transaction failed three times. Advanced tech is great, but core services need to be rock solid.
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Nisha Z
Cybersecurity is the need of the hour. So many phishing scams target SBI customers. If they can use AI to detect and block these in real-time, it would be a huge relief for my parents and so many others.

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