Mumbai, April 22 -- The next 25 years in the financial markets will not just be about scale, but about intelligent scale, said Challa Sreenivasulu Setty, Chairman of the State Bank of India (SBI), on Wednesday.

He spoke on the sidelines of the 25th-anniversary celebration of the Clearing Corporation of India Limited (CCIL) in Mumbai.

Addressing the event, the SBI Chairman stated, "The next 25 years will not just be about scale, but about intelligent scale. Financial markets are now evolving in the fastest ways possible, becoming more interconnected and complex."

He also noted that risks will develop in ways that are less visible but potentially more systemic.

Stating that Artificial Intelligence (AI) will be a defining force, he said,...