Analysing the Financial Performance of Private Banks in India Following the Implementation of Artificial Intelligence Utilizing the CAMELS Approach—with a Special Reference on Axis Bank Ltd

This research article investigates the financial impact of Artificial Intelligence (AI) adoption on Axis Bank, the third-largest private bank in India, utilizing the CAMELS framework. Analyzing six key performance metrics over a six-year period, the study reveals significant improvements post-AI implementation, including enhanced capital adequacy, asset quality, management efficiency, and earnings management. The paired samples t-test supports these findings, highlighting statistically significant changes in specific ratios. The study contributes to understanding the evolving landscape of AI in the banking sector, emphasizing its role in reshaping financial performance and risk management practices.