Paradigm Shift In Indian Banking Industry With Special Reference To Artificial Intelligence

Abstract

Technological advancement has transformed the businesses environment in past few decades and many technologies will emerge that will profoundly influence many industries. This technology revolution is future and controlling the organizations effortlessly for productive development. The paper investigates the various zones where the Artificial Intelligence is being utilized in the Indian banking sector and also its implications. This paper will confer that what are the advantages and the challenges which artificial intelligence is confronting in India. It seeks to explore advancement that artificial intelligence offers to FinTech and the different ways in which it can shape the operations of an Indian banking ecosystem.