Artificial Intelligence in Indian Banking Sector

In India Artificial Intelligence is not new this concept is from many years but the new  improvement  in  AI  Adaptation  as  increasing  in  technology.  The  technology itself is getting better day by day with various applications. As everyone thinks about CHAT-BOTS only as AI service but many other adaptations are there as it related to services to customer. SBI has a major role in adaptation of artificial intelligence as it is the largest bank in India (As per the Accenture Banking Technology vision 2018 Report).  From  decades  research  institutions  and  universities  have  been  working with  various  AI  technologies  especially  in  the  field  of  Social  Transformation. 
In Banking Sector the AI reduces the cost for customer interaction and increases there efficiency