MUMBAI, Oct 19: The country’s largest private sector lender HDFC Bank does not see its use of artificial intelligence leading to any layoffs, a top company official has said. The lender, which had 2.20 lakh employees as of September, is carrying out some “lighthouse experiments” in technologies, including generative AI, which will deliver its advantages in the next 18-24 months, HDFC Bank Chief Executive and Managing Director Sashidhar Jagdishan said on Saturday. “Frankly, AI is not going (to result in) any layoff whatsoever in our bank, at least. Because I see this as a massive opportunity to move people from the backend to the front end or to the technology end,” Jagdishan told reporters in the post-earnings call, replying to a specific question on the impact of AI on jobs. “It’

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