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The Economic Times
The Economic Times
Business

Inside India’s biggest banking and financial services tech hubs

BENGALURU: Standard Chartered will eliminate more than 7,000 jobs over the next four years as it seeks to replace "lower-value human capital" with technology, becoming one of the top names in finance to target headcount cuts using artificial intelligence.

Announcing the job cuts on Tuesday, the London-headquartered lender said the most affected roles will be in its back-office centres, including those in Chennai and Bengaluru.

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