A Role of AI in Financial Performance in Private Banks in Bangalore: A Comprehensive Analysis

Abstract

This research article delves into the pivotal role of Artificial Intelligence (AI) in enhancing the financial performance of private banks in Bangalore, India. With the rapid advancements in AI technology, its application in the banking sector has become increasingly prevalent, offering opportunities for efficiency improvement, risk management, and customer service enhancement. The primary objectives of this study are to investigate the extent to which AI is integrated into the operations of private banks in Bangalore, to analyze its impact on financial performance metrics, and to identify the key factors influencing its adoption.