ReferIndia News AI Can Reshape Half Of Roles In Indian Banking: Report

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AI Can Reshape Half Of Roles In Indian Banking: Report

Published on: Aug. 25, 2025, 10:59 p.m. | Source: NDTV Profit

Amid concerns over artificial intelligence's impact on jobs, a consultancy firm on Monday said the adoption of the technology can 'reshape' half of the roles in the Indian banking sector. In what may come as a concerning outcome for banks, Boston Consulting Group said that despite a nearly five-times increase in information technology spending of banks over the last decade, the gains in productivity are limited.

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