In the last six months, HDFC Bank has added about 5,000 employees to take its overall base to over 2.20 lakh at the end of September. HDFC Bank

HDFC Bank, the country’s largest private sector lender, has ruled out any job cuts resulting from its adoption of artificial intelligence, a top executive said.

The bank, which employed around 2.2 lakh people as of September, is conducting several “lighthouse experiments” in advanced technologies, including generative AI, that are expected to yield significant benefits over the next 18 to 24 months, HDFC Bank CEO and MD Sashidhar Jagdishan said on Saturday.

HDFC Bank CEO On AI Impact On Jobs

“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

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