Tarun Dangi has joined Kotak Securities, leading stockbroking firm and a Kotak Mahindra Bank subsidiary, as VP-IT Software. Dangi will focus on designing and developing microservices by leveraging C++, golang, and another open-source real-time streaming tech. He has over 16 years of experience and in his previous role at Angel Broking, he has developed high-performance C++ Electronic Trading middleware and more.
1. Loan moratorium: ML algorithms help the bank assess SMEs, market-related risks, and loan repayment capacity of customers which otherwise would be very difficult, if not impossible, to do manually. 2. Cybersecurity: AI, data analytics help in early fraud assessment, helping the bank to stay one step ahead of scammers and fraudsters. 3. Customer service: Conversational bots have upgraded far beyond simple FAQs, enabling 24X7 hassle-free service for the customers.