State Bank of India chairman calls for know your agent
At the Global Fintech Fest on 10 September 2026, the chairman of the State Bank of India argued that as agents begin to take part in financial transactions, banks will need a know your agent discipline alongside know your customer. The remark is carried by press reports; no bank or regulator document was published, so this is reported.
The verdict
Reported, primary not reached
A reliable secondary source carries it, and the primary document could not be reached. Printed with this label, never as verified.
Key facts
What the sources say
- Record ID
- AAL-2026-0026
- Kind
- Guidance
- Jurisdiction
- India
- Last verified
- Added
- Press reports quote the chairman saying that as agents begin to participate in financial transactions, we will increasingly need to think about know your agent.
- Reports name the dimensions he raised as agent identity, customer consent, transaction limits and audit trails.
- The remarks were made at the Global Fintech Fest in Mumbai on 10 September 2026.
- No published bank policy, circular or regulatory instrument accompanies the remark, so the ledger lists no primary source.
Dimension by dimension
4 dimensions, each one stated, silent or open
Identity, Limits, Logging and audit, Human approval. Stated means the document you can open below says it; silent means the ledger read the document and it does not.
- IdentityReported
- Establishing the identity of the agent acting in a transaction is the first of the four dimensions the reports attribute to him.The Tribune, secondary source, 10 September 2026.
- LimitsReported
- Transaction limits are named as part of the proposed discipline, bounding what an agent may move.The Tribune, secondary source, 10 September 2026.
- Logging and auditReported
- Audit trails are named as part of the proposed discipline.The Tribune, secondary source, 10 September 2026.
- Human approvalReported
- Customer consent is named as a condition of an agent acting on an account.Retail Intel, secondary source, 10 September 2026.
What it changes
For a team deploying an agent
This is where the phrase in this ledger's title comes from, and it is an intention rather than a rule. If you operate in Indian financial services, read it as a signal that the four dimensions named will be the ones you are eventually asked to evidence, and start recording them now while it is cheap.
Sources
What this record was verified against
- The TribuneSecondary · 10 September 2026
- Retail IntelSecondary · 10 September 2026
Related
Records that sit beside this one
Does a spending limit belong to the agent or to the principal
Global · verified 15 September 2026
The Visa Trusted Agent Protocol addresses recognising an approved agent and its intent, and does not itself carry a spending ceiling.
Visa Trusted Agent Protocol
Global · verified 15 September 2026
Visa describes the specification as the official rulebook detailing the technical processes for recognizing a Visa approved agent, including the cryptographic standards in RFC 9421.
Cite this record
Free to reuse under CC BY 4.0, with attribution. The record ID AAL-2026-0026 is permanent and is never reused.
- In a sentence
- According to the GAGE Agent Authority Ledger (as of 15 September 2026), state bank of india chairman calls for know your agent.
- APA
- GAGE (Global Academy of Generative-AI Education). (2026). State Bank of India chairman calls for know your agent. Agent Authority Ledger. Retrieved 15 September 2026, from https://www.gage.academy/tools/agent-authority-ledger/records/AAL-2026-0026-sbi-chairman-know-your-agent
- MLA
- "State Bank of India chairman calls for know your agent." Agent Authority Ledger, GAGE (Global Academy of Generative-AI Education), 15 September 2026, https://www.gage.academy/tools/agent-authority-ledger/records/AAL-2026-0026-sbi-chairman-know-your-agent.
- Chicago
- GAGE (Global Academy of Generative-AI Education). "State Bank of India chairman calls for know your agent." Agent Authority Ledger. Last modified 15 September 2026. https://www.gage.academy/tools/agent-authority-ledger/records/AAL-2026-0026-sbi-chairman-know-your-agent.
- Permalink
- https://www.gage.academy/tools/agent-authority-ledger/records/AAL-2026-0026-sbi-chairman-know-your-agent
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