Standard Chartered is strengthening its India GCC strategy as industry estimates project the country's global capability centre market to reach $105 billion by 2030.
Standard Chartered has appointed Kavita Kulkarni as Chief Technology and Operations Officer for India and South Asia to drive technology, AI and digital transformation.
HSBC will establish a Global AI Centre of Excellence in Singapore, hiring over 100 AI specialists to develop scalable banking solutions for wealth, payments and treasury.
Genpact has launched an agentic AI banking suite that helps financial institutions accelerate anti-money laundering investigations while maintaining human oversight.
HDFC Bank is expanding AI adoption with its in house GenAI platform, Neev, to improve customer service, operations, lending and enterprise productivity.
SBI has launched AI-powered digital journeys, a new agentic AI assistant and enhanced YONO features to strengthen retail and business banking.
ChatGPT can now connect to bank accounts and access transaction data as AI assistants expand into personal finance services.
Axis Bank has launched AI-powered compliance solutions for current account customers to simplify regulatory processes.
HDFC Bank appoints Srajan Tiwari as Senior Vice President to strengthen investment analytics and data driven decision making capabilities.
HSBC enters a multi year partnership with Mistral AI to scale generative AI across global operations and strengthen digital transformation.
OpenAI is reportedly working on AI models designed to automate junior banking and financial analyst roles, reshaping how financial institutions manage entry-level operations.