State-run banks rolling out GCC, AI road map under EASE 9.0 reforms

"Some of these initiatives will be pursued as part of the latest reforms agenda. Banks will also look at combining strengths to offer complete banking solutions, including blockchain technology, advanced risk assessment and fraud detection models," said a bank executive. Under the "Some of these initiatives were also discussed during PSB Manthan held last year. The idea is to prepare PSBs to leverage technology and improve productivity and scale through new business models," said another bank executive. U ...