Despite growing interest, institutions face a steep climb in executing AI at scale, as per a report. (Photo: Pixabay ) Show Quick Read Summary is AI Generated. Newsroom Reviewed

A growing majority of Indian financial services leaders are actively exploring artificial intelligence, with over 90% of CXOs reporting some level of AI experimentation. Yet, most projects remain in the pilot phase, underscoring both the promise and persistent challenges in scaling AI across the sector, according to the BCG + GFF Convergence AI Report.

The report finds that 56% of leaders cite an average timeline of three to six months for AI projects to move from ideation to pilot, reflecting a cautious and problem-first approach to deployment.

"We avoid any 'AI-for-cool-factor' deployments because AI use c

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