# AI reshapes Standard Chartered global workforce, India hiring up

2026-08-13T00:01:11+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet (2 source reports)

Standard Chartered Plc is reshaping its global workforce as it adopts artificial intelligence, and expects to increase hiring in India, its Chief Operating Officer Tanuj Kapilashrami told Bloomberg TV. The bank's global capability centre in India employs about 22,000 people out of a total global workforce of just over 81,000. Kapilashrami said the bank is bringing more sophisticated work to India and has trained about 50,000 employees worldwide in AI. The bank had earlier said it plans to cut about 8,000 support roles over four years. Goldman Sachs Chief India Economist Santanu Sengupta told Bloomberg that India faces a lower risk of large-scale job losses from AI compared to other countries. He cited the large workforce employed in mechanical and physical jobs, with construction and retail trade accounting for about 40% of employment. However, AI could impact service sector jobs, especially in call centres. Goldman Sachs estimates AI could boost India's productivity by 0.4 percentage points over the next decade if adopted gradually.

## Coverage

- bazaar.businesstoday.in <https://bazaar.businesstoday.in/technology/story/standard-chartered-expects-more-hiring-in-india-as-ai-changes-global-workforce-and-brings-more-complex-jobs-1436941-2026-08-12?utm_source=rssfeed>
- bazaar.businesstoday.in (2) <https://bazaar.businesstoday.in/technology/story/india-ai-jobs-risk-explained-goldman-sachs-says-impact-will-be-limited-despite-growing-automation-1437801-2026-08-14?utm_source=rssfeed>

This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources. Last updated 2026-09-27T06:11:45+00:00.

Tags: AI, GCC, Standard Chartered, बैंकिंग, भारत, रोजगार
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