90% of Indian financial institutions prioritize AI and GenAI for innovation, per PwC India report.

A PwC India report reveals that 90% of Indian financial institutions prioritize Artificial Intelligence (AI) and Generative AI (GenAI) as key drivers of innovation. It emphasizes data analytics for enhancing decision-making and highlights customer onboarding and product distribution as major innovation areas. Additionally, 65% of respondents stress the importance of risk management and regulatory adaptation, while challenges include talent shortages and technological complexity.

September 15, 2024
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