ARTIFICIAL INTELLIGENCE IN INDIAN BANKING SECTOR: CHALLENGES AND OPPORTUNITIES

Artificial Intelligence (AI) is fast developing technology for across the world. The banking sector is becoming one of the first adopters of Artificial Intelligence. Banks are exploring and implementing technology in various ways. Artificial Intelligence is getting better and smarter day by day. In this paper, we will discuss how Artificial Intelligence is used in the Indian banking sector, what are the benefits and what are the Challenges facing India?s Artificial Intelligence. Development that Artificial Intelligence offers to FinTech and the different ways in which it can improve the operations of an Indian banking sector.