India’s National Stock Exchange (NSE) has launched a Knowledge Hub in New Delhi, an Artificial Intelligence (AI) powered learning ecosystem that will assist the banking, financial services and insurance (BFSI) sector.
India has two major stock exchanges – the NSE and the Bombay Stock Exchange.
Speaking on this occasion Commerce & Industry Minister Mr Piyush Goyal (pictured above right) said that although India has developed as the second largest fintech hub in the world, a lot of work still needs to be done in the BFSI sector. He hoped that the Knowledge Hub created by NSE will fill in these gaps and help the financial sector to move into the future.
The NSE Knowledge Hub will enhance skills and help academic institutions in preparing future-ready talent for the financial service industry. It is also available on mobile and attempts to bring together world class content and learners through this state-of-the-art and future-ready platform.
The use of AI will ensure that the skill upgrade is affordable and accessible. Piyush Goyal said AI and Machine Learning will contribute US$ 1 trillion to the Indian economy by 2035.