During the 25th-anniversary celebration of the Clearing Corporation of India Limited in Mumbai, Challa Sreenivasulu Setty, the Chairman of the State Bank of India (SBI), stated that the future of financial markets will revolve around 'intelligent scale'. He noted that as markets evolve, they will become more interconnected and complex, leading to risks that are less visible but potentially systemic. Setty highlighted that Artificial Intelligence (AI) will be a defining force in this transformation, enhancing risk management and operational efficiency. AI's ability to analyze vast datasets will enable dynamic risk assessments and more accurate predictions of counterparty exposures. In a related development, the Reserve Bank of India (RBI) announced the rollback of restrictions on offshore non-deliverable forward (NDF) trading, which were initially imposed due to heightened market volatility. Deputy Governor T Rabi Sankar clarified that these temporary measures aimed to stabilize the market. The RBI's long-term goal remains the internationalization of the rupee and the development of a unified global market for dollar-rupee transactions.