Banks have made AI headway but there’s a long way to go, say experts – Live Mint

Banks will have to work on unlocking their data and recruiting inhouse talent rather than relying on outsourcing if they want to fully leverage AI, experts said. Most of the banks in India at least have built a fairly good amount of capabilities on the traditional AI front and have at least a few set of use cases that are already implemented, said Vipin V., managing director and partner, BCG.