Review of Applicability of Artificial Intelligence in Various Financial Services in India

This paper discusses how artificial intelligence can be applicable in various financial services like banking, insurance, credit rating etc. Researcher has elaborated on his observations regarding which areas and functions can make the use of artificial intelligence and while doing so what challenges will be faced by banking and financial services industry. Lastly this paper also enlists the advantages and disadvantages of AI implementation. By referring to secondary data author has made an attempt to explore possibility of AI applicability and provide a reference point for further research