New Delhi, June 18 -- The future of banking may be digital, but it is still heavily written in ink. At a time when financial institutions are pushing customers to tap, scan, and swipe, their financial statements reveal an unexpectedly old-school reality: a multi-crore obsession with pen and paper.

Financial year 2025 cost disclosures by Groww on printing and stationery revealed that large Indian banks spent hundreds of crores on forms, chequebooks, passbooks, statements and other paper-linked requirements.

Here is how much Indian banking giants are actually spending to keep physical records:

"How much do Banks spend on Pen & Paper? (Costs for FY25)" Groww wrote in an X post, sharing a list of top Indian banks and their pen and paper co...