Poonawalla Fincorp has issued a correction to a previous press release regarding its AI-first transformation. The company clarifies that it is actively scaling its AI efforts with 45 projects, of which 16 have been successfully completed. The initial release incorrectly stated that only 13 projects had been successfully completed. This update aims to provide accurate information about the company’s progress in leveraging AI.
AI Project Update
Poonawalla Fincorp has released a corrigendum to its previous announcement about its AI transformation initiatives. The correction addresses a specific detail concerning the number of AI projects successfully completed.
Revised Project Completion Numbers
The company clarifies that it is actively scaling its AI efforts with a total of 45 projects. Of these, 16 projects have been successfully completed. The original press release incorrectly stated that only 13 projects had reached completion. This revision ensures that stakeholders have accurate information about Poonawalla Fincorp’s advancements in integrating AI across its operations.
Source: BSE
