MUMBAI/NEW DELHI:
State Bank of India, Bank of Baroda, HDFC Bank, Axis Bank and Poonawalla Fincorp are among lenders developing specific use cases through a mix of external experts and internal teams as they work to adopt AI to enhance business.
India's largest lender SBI is scouting for an intellectual property rights firm to secure patents for innovations in AI and machine learning by its analytics department. Peer BoB is also seeking external experts to generate use cases for AI.
SBI wants the selected firm to evaluate its AI/ML (artificial intelligence/machine learning) model against the criteria for getting patents registered. The firm must check if the model introduces new features or processes not found earlier; and also determine if the model provides a "non-obvious improvement or solution to a technical problem."
This story is from the December 26, 2024 edition of Hindustan Times Uttarakhand.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 26, 2024 edition of Hindustan Times Uttarakhand.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Bumrah keeps hope alive after fireworks by sensational Sam
Three quick wickets by the pacer help India peg back the hosts from 237/2 to 311/6 on Day 1 of the fourth Test at MCG
Konstas shows an outrageous way to tackle Bumrah
You knew something was going to happen from the moment Sam Konstas, all of 19, sprinted out of the blocks and onto the field of play at the Melbourne Cricket Ground on Thursday.
ICC Fines Kohli for On-Field Altercation with Konstas
Virat Kohli has been fined 20 per cent of his match fee for his rather avoidable mid-pitch altercation with Aussie debutant Sam Konstas.
Europe on Ahlawat's sights after domestic dominance
Work on his body and swing did wonders for Veer Ahlawat who had a sensational PGTI season this year
World Rapid & Blitz: Arjun's Narrow Path to Candidates
While India's newly crowned world champion soaks in the celebrations, it's now hustle time for his peers to attempt to fight him for the title two years from now.
JSW Gets a Copper Lining to Metals Biz
The Sajjan Jindal-led JSW Group has added copper to its metals business, marking its entry into the non-ferrous metals industry and opening up doors to a vast range of consumer applications, including electronics, telecommunications and healthcare.
Govt Mulls Personal Income Tax Cut To Lift Consumption
India is considering cutting income tax for individuals making up to ₹15 lakh ($17,590) a year in February's budget to provide relief to the middle class and boost consumption as the economy slows, two government sources told Reuters.
Bank cyberattacks surge as security deadline nears
OF ALL CYBER INCIDENTS REPORTED BY REGULATED ENTITIES DURING JAN 2019-MAR 2024, 69% WERE BY COMMERCIAL BANKS
Investors Chase New Fancy in Unlisted Avenue
Lured by the promise of outsized returns, early access to high-growth companies, and lower fees, retail investors are venturing into the unregulated and risky world of unlisted securities.
Signs of growth rebound ahead: Economic review
India's GDP is expected to grow at 6.5% in 2024-25 despite a slowdown in investment growth due to reduced public expenditure, private sector caution, global uncertainties, and concerns over excess capacity and dumping, the Union finance ministry said in its November economic review released on Thursday.
