Archives for AI in Banking & finance in India

18 Nov

Stringent RBI Policies & New-Age Technologies Could Bring Down The Bad Loan Woes For Banks

The Financial Stability Report of July 2020, by the Reserve Bank of India (RBI), indicates that the gross NPA ratio of the scheduled commercial banks can rise from 8.5% in March to 12.5% in March 2021. Although Non Performing Assets (NPAs) have been written off by the financial institutions time and again, they are still…

The post Stringent RBI Policies & New-Age Technologies Could Bring Down The Bad Loan Woes For Banks appeared first on Analytics India Magazine.

05 Oct

How Aditya Birla Sun Life AMC Uses Artificial Intelligence

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The COVID-19 lockdown, along with other industries, has majorly disrupted the financial sector. Although the majority of the banking functions have already been digitised, onboarding customers has continued to be a time consuming in-person process. KYC or know your customer has been a critical and mandatory process for financial institutions; however, with a lockdown in…

The post How Aditya Birla Sun Life AMC Uses Artificial Intelligence appeared first on Analytics India Magazine.

29 Jul

Industry 4.0 Is No More Looking For A Pure Vanilla BTech Or MBA Degree, Says Vikas Gupta Of Wiley India

With universities going online and the growing interest of the Indian government on online education, there has been a significant increase in the adoption of e-learning. Furthermore, as the future of work is shifting towards more data and information-driven, there is an urgent requirement for trained talent to build these capabilities.  And thus, it must…

The post Industry 4.0 Is No More Looking For A Pure Vanilla BTech Or MBA Degree, Says Vikas Gupta Of Wiley India appeared first on Analytics India Magazine.

06 Jul

IIT Roorkee Collaborates With WileyNXT To Curate AI In Banking Programme

Indian Institute of Technology (IIT) Roorkee, in collaboration with WileyNXT, India’s skill assessment and recruitment solution, has announced the launch of AI in banking programme. India’s first-of-its-kind online programme, ‘AI in Banking’ has been designed for existing as well as recently-graduated technology and finance professionals, who aspire to build a career in artificial intelligence and…

The post IIT Roorkee Collaborates With WileyNXT To Curate AI In Banking Programme appeared first on Analytics India Magazine.

05 Dec

5 Programming Languages In Fintech That’ll Earn You The Fattest Paycheck

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image-1228

  The Indian banking sector has embraced emerging technologies that are disrupting the financial landscape. Leading Indian banks such as SBI, HDFC, Axis Bank, Yes Bank and ICICI Bank have taken the lead in deepening their tech stack. Today, banks hire thousands of technologists and have prioritised IT hiring over other divisions. IT professionals with…

The post 5 Programming Languages In Fintech That’ll Earn You The Fattest Paycheck appeared first on Analytics India Magazine.