The company’s operating margin dropped to 15% in Q3 from 19% in the year-ago period but was up 100 bps sequentially. Volume growth was strong during the quarter but cost pressures resulted in subdued margins.
In a recent statement, CS Setty, Chairman of the State Bank of India, underscored AI’s transformative potential for the Indian banking sector. He asserted that
Banks must understand artificial intelligence deployment for future success. AI can enhance financial inclusion and improve existing public good projects. Careless AI use risks new
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