Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
GenAI May Improve Banks' Productivity Up To 46% By '30
Hindustan Times Ranchi
|March 14, 2025
Generative AI (GenAI) is poised to improve productivity levels of Indian financial services by 34 to 38% by 2030 and up to 46%, specifically for banking operations, said an EY report.
NEW DELHI:
The report titled 'How much productivity can GenAI unlock in India? The Aldea of India: 2025' emphasized that GenAI is reshaping India's financial services landscape, driving significant advancements in customer engagement, operational efficiency, and risk assessment.
It said the survey canvassed more than 125 C-suite executives across India. They represent diverse sectors, including financial services, retail, healthcare, life sciences, media and entertainment, technology, automotive, industrials and energy.
This story is from the March 14, 2025 edition of Hindustan Times Ranchi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Ranchi
Hindustan Times Ranchi
Pahalgam targeted hope, tested India’s resilience
Looking ahead, India needs to deepen and widen deterrence and build societal fortitude against the disruption of economic activity, tourism, and education
4 mins
April 22, 2026
Hindustan Times Ranchi
In Bengal, ECI’s absurd theatre over motorbikes
Roughly one in three households in West Bengal owns a motorcycle, according to the National Family Health Survey.
1 min
April 22, 2026
Hindustan Times Ranchi
How Islamabad built its narrative on Op Sindoor
he Pahalgam terror attack on this day a year ago revealed the ruthless ambitions of an army chief and his willingness to risk high costs to achieve his objectives.
3 mins
April 22, 2026
Hindustan Times Ranchi
Why Dhaka is watching Bengal elections closely
On April 23 and 29, West Bengal will head to the hustings, to elect a new state assembly.
3 mins
April 22, 2026
Hindustan Times Ranchi
Leaving behind Pahalgam scars
A year after the gruesome massacre of tourists, India and Pakistan have taken divergent paths
2 mins
April 22, 2026
Hindustan Times Ranchi
West Bengal’s paradox of economic transformation
The absence of industrialisation produced opposite outcomes in the rural and urban parts of the state
4 mins
April 21, 2026
Hindustan Times Ranchi
Building trust, saving trade
India should use the trade talk with the US to take things as close to status quo ante as possible for exporters to the US
2 mins
April 21, 2026
Hindustan Times Ranchi
West Asia’s security is now India’s problem too
At a moment when tensions in the Gulf are once again rising — marked by instability in the Strait of Hormuz and the stalling of US-Iran diplomacy — much of the analysis remains narrowly focused on familiar powers and traditional alliances.
3 mins
April 21, 2026
Hindustan Times Ranchi
In Karnataka, the quiet demise of Ahinda politics
Among the many promises made by the Congress before it came to power in Karnataka in 2023 was that it would restore a certain degree of morality, even probity and transparency, to public life.
3 mins
April 21, 2026
Hindustan Times Ranchi
Strait truth: India must hasten energy transition
New Delhi must treat the West Asia crisis as a strategic inflection point and accelerate its shift toward domestic clean energy systems while prioritising energy efficiency as well
4 mins
April 20, 2026
Listen
Translate
Change font size