AIET Techabout 2 hours ago
Banks Report 10-50% Efficiency Gains From AI
2 min read
Indian banks report 10-50% efficiency gains from artificial intelligence-led initiatives. Axis Bank recorded productivity improvements of more than 10%, while Kotak Mahindra Bank handles 20-30% more corporate-servicing volumes. AU Small Finance Bank cut operating costs by 50% for AI-led voice operations. These gains span productivity, turnaround time, and operating costs across the sector.
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