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GenAI in banking to up productivity by 46%: EY – The Times of India

GenAI in banking to up productivity by 46%: EY – The Times of India

  • Post author:1m1bchangemakers
  • Post published:March 14, 2025
  • Post category:Business
  • Post comments:0 Comments

MUMBAI: India’s financial sector is embracing generative AI at pace, with banks, insurers, and non-bank lenders deploying it to cut costs and improve efficiency. An EY report suggests productivity gains…

Continue ReadingGenAI in banking to up productivity by 46%: EY – The Times of India
‘Goal is to cut grunt work with AI’ – Times of India

‘Goal is to cut grunt work with AI’ – Times of India

  • Post author:1m1bchangemakers
  • Post published:September 24, 2024
  • Post category:Business
  • Post comments:0 Comments

BENGALURU: Returns on AI investments are becoming increasingly evident, moving beyond mere proof of concepts (PoCs) to deliver improved efficiency and tangible business impact.For every dollar companies invest in AI,…

Continue Reading‘Goal is to cut grunt work with AI’ – Times of India
AI to boost productivity, may lead to job cuts, says Chandra – Times of India

AI to boost productivity, may lead to job cuts, says Chandra – Times of India

  • Post author:1m1bchangemakers
  • Post published:June 1, 2024
  • Post category:Business
  • Post comments:0 Comments

BENGALURU: Tata Sons chairman N Chandrasekaran said even as AI will enhance productivity, it may also result in job losses. "It's a mixed bag. We need to reskill and upskill…

Continue ReadingAI to boost productivity, may lead to job cuts, says Chandra – Times of India

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