KPMG Report Highlights AI Adoption and Growth Confidence in Indian Banking Sector

Indian banks are benefiting from sustained credit growth, enhanced digital infrastructure, and rapid adoption of AI-driven operating models, according to a KPMG International report. The sector is advancing from pilot projects to enterprise AI use, with 83% of surveyed global banking CEOs confident about growth and 65% prioritizing AI investments. The report highlights workforce reskilling, cybersecurity, and ESG frameworks as key focus areas, while emphasizing scale and strategic mergers to support long-term resilience and efficiency.