AI's Role in India's Banking Industry

The expression "India's Banking Technology" draws attention to the various technological innovations and advancements applied in the country's banking sector. It consists of a range of protocols, tools, and systems that enhance how banks operate, offer services, and interact with customers. When it comes to AI in finance, India is lacking in experience. India uses systematic banking technologies under the RBI. The field of artificial intelligence (AI) technology is now growing at the fastest rate in history. The Indian banking sector is using AI technology to modernise its own banking technology in order to stay up with the increasingly human-less global banking industry. For the banking sector in India to successfully implement artificial intelligence (AI), a number of problems need to be fixed.