Saturday, 28 September, 2024

Generative AI Set To Revolutionize Indian Financial Services Industry

Generative AI has the potential to significantly transform the Indian financial services sector by enhancing customer experiences, automating processes, and improving decision-making. It can be utilized for personalized financial advice, fraud detection, and risk management. The adoption of generative AI could lead to more efficient operations and cost savings. However, challenges like data privacy, regulatory compliance and the need for skilled professionals must be addressed to fully leverage.