Artificial Intelligence In Bfsi Sector

Use of AI can prevent stressed assets: IMF ED Krishnamurthy Subramanian

Subramanian said India should follow the global practice where the bourses and the regulator need to be informed when there is a violation of a technical covenant

Wipro bets on Capco, Cloud, artificial intelligence to power BFSI revenue

To fortify its BFSI vertical, Wipro is investing in technologies like cloud and AI. Dann mentioned that Wipro's recent $1 billion investment in AI aligns with this vision

BS BFSI Insight Summit 2022: Fireside chat with RBI Guv Shaktikanta Das

Das as the RBI Governor is widely credited with having spearheaded RBI's proactive approach in handling the economic impact of the Covid-19 pandemic with 'whatever it takes' approach

RBI rate hike may halt rally in BFSI sector, pressure on bank NIMs seen

Broader markets, especially automobile stocks, may also react negatively going ahead

83% Indian BFSI players think AI must to boost customer experience: Report

The report also said more than 80% of respondents from the banking and financial services industry say they have deployed chatbots to make customer servicing easy.

BFSI firms revisit existing biz models as Covid-19 boosts tech adoption

Banks and financial services firms are prioritising digital innovation to address existing and emerging risks

Cloud computing and AI are most used technology in BFSI sector in 2017

The rise of self-service technology for partners and consumers drastically reduced the servicing cost for enterprises and improved customer satisfaction