International Journal of Social Science & Economic Research
Submit Paper

Title:
ARTIFICIAL INTELLIGENCE VS HUMAN RESOURCE PRACTICES IN BANKING SECTOR

Authors:
Menda Sindu

|| ||

Menda Sindu
Research scholar, Department of commerce and Management studies, Andhra University

MLA 8
Sindu, Menda. "ARTIFICIAL INTELLIGENCE VS HUMAN RESOURCE PRACTICES IN BANKING SECTOR." Int. j. of Social Science and Economic Research, vol. 3, no. 9, Sept. 2018, pp. 5152-5258, ijsser.org/more2018.php?id=362. Accessed Sept. 2018.
APA
Sindu, M. (2018, September). ARTIFICIAL INTELLIGENCE VS HUMAN RESOURCE PRACTICES IN BANKING SECTOR. Int. j. of Social Science and Economic Research, 3(9), 5152-5258. Retrieved from ijsser.org/more2018.php?id=362
Chicago
Sindu, Menda. "ARTIFICIAL INTELLIGENCE VS HUMAN RESOURCE PRACTICES IN BANKING SECTOR." Int. j. of Social Science and Economic Research 3, no. 9 (September 2018), 5152-5258. Accessed September, 2018. ijsser.org/more2018.php?id=362.

References
[1]. Oliver Pickup, To keep up with business demands innovation is essential, The Telegraph, 2015.
[2]. https://www.cs.utexas.edu/~mooney/cs343/slide-handouts/intro.4.pdf
[3]. Capgemini Consulting, The Digital Talent Gap- Developing skills for Today?s Digital Organizations, Digital Transformation Research Institute, 2013.
[4]. Krishna Reddy, Advantages and Disadvantages of Artificial Intelligence, 2016.
[5]. SUPRIYA NIGAM, Future of workforce 2020 - HR technology Impact & Advantages, The Career Muse, 2016.
[6]. Jessica Miller Merrell, 9 ways to use Artificial Intelligence in Recruiting and HR, Workology, 2016. Ari Kopoulos , What Does Artificial Intelligence AI Mean for HR? , EmployeeConnect, 2016.
[7]. Greg Roche, Why AI is the future of HR, HRUX, 2016.
[8]. James Duez, The benefits of AI for business, Rainbird, 2016.
[9]. Tetiana Shevchenko, What are the main benefits of Artificial Intelligence, letzgro, 2016
[10]. Tata Communications, Act now to benefit from Artificial Intelligence- before its too late, The Telegraph, 2016.
[11]. Tata Communications, Instant diagnosis by smartphone: how artificial intelligence can save lives, The Telegraph, 2016.
[12]. Tata Communications, Artificial Intelligence and the implications of its rapid growth, The Telegraph, 2016.
[13]. Tata Communications, How world wide businesses should prepare for the rise of Artificial Intelligence, The Telegraph, 2016.
[14]. Tata Communications, How Artificial Intelligence will transform your business, The Telegraph, 2016.
[15]. Julie Woods-Moss, Telcos: the fashionistas of the digital world, Tata communications, 2015.
[16]. Jacques Bughin, Andy Holley and Anette Mellbye,(2015), Cracking the digital code: Mckinsey Global Survey results, Mckinsey & Company -Insights and Publications.
[17]. Karel Dorner and David Edelman, (2015), What digital really means, McKinsey & Company.

Abstract:
Technology has improved day by day in banking sector throughout the world. Banking is one of the sector which is having adoption of the latest technologies like Management information system, E-banking applications and Artificial Intelligence, for both the back-office and customer facing purposes. This article broadly speaking about Artificial intelligence and how the Applications of AI used in banking sector. Artificial Intelligence is automating time-consuming tasks that employees to do on a daily basis to improve the work processes of employees, and human resources are a major beneficiary of these automation. Human resources department will be able to use AI functionality, such as machine learning and natural language processing, to better staff, train, review performance and account for attrition. By analyzing the employee data, AI will be able to provide valuable predictions and recommendations to HR employees to support decisions that will improve company productivity and culture. The need of the study is how artificial intelligence impact on the Human resources of banking sector in different parts of their life cycle. In another words how the Banking industry is moving towards knowledgeable and digital based economy by using this artificial intelligence.