{"id":1048418,"date":"2026-11-10T11:55:19","date_gmt":"2026-11-10T06:25:19","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1048418"},"modified":"2026-11-10T11:55:19","modified_gmt":"2026-11-10T06:25:19","slug":"ai-could-eliminate-up-to-70-of-manual-risk-tasks-in-banks-free-capacity-for-strategic-roles-mckinsey","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/11\/10\/ai-could-eliminate-up-to-70-of-manual-risk-tasks-in-banks-free-capacity-for-strategic-roles-mckinsey\/","title":{"rendered":"AI could eliminate up to 70% of manual risk tasks in banks, free capacity for strategic roles: McKinsey"},"content":{"rendered":"<p>New Delhi [India], November 10 (ANI): Artificial intelligence could eliminate 60-70 per cent of manual operational tasks in banks&#8217; risk functions, allowing lenders to redirect resources towards deeper risk analysis, strategic decision-making and AI development, according to a report by McKinsey.<\/p>\n<p>The report said banks could use AI to automate routine activities such as data gathering, documentation, compliance checks and monitoring, while retaining human oversight for complex assessments and important decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi [India], November 10 (ANI): Artificial intelligence could eliminate 60-70 per cent of manual operational tasks in banks&#8217; risk functions, allowing lenders to redirect resources towards deeper risk analysis, strategic decision-making and AI development, according to a report by McKinsey. The report said banks could use AI to automate routine activities such as data gathering, documentation, compliance checks and monitoring, while retaining human oversight for complex assessments and important decisions.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-1048418","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1048418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1048418"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1048418\/revisions"}],"predecessor-version":[{"id":1048419,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1048418\/revisions\/1048419"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1048418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1048418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1048418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}