#mckinsey
Banks need to act fast as customers turn to AI for stock picks and savings yields: McKinsey & Company
Customers are adopting generative artificial intelligence (gen AI) much faster than previous technologies, leaving banks with little time to adjust and forcing them to act quickly, according to a report by McKinsey & Company.
McKinsey report: Indian banks have peaked in performance but they still have a long way to go
Indian banks have performed well on credit growth, asset quality, digital adoption and more, but the forces behind this rise are flagging. Early movers can differentiate themselves by focusing on the fundamentals of banking.
McKinsey inks 10-year lease in Mumbai’s BKC; deal ranks among India’s costliest
McKinsey & Company has renewed its Mumbai office lease in Bandra Kurla Complex. The deal involves high rental rates, reflecting sustained demand for prime commercial space. This long-term commitment underscores the value global firms place on premium location…