Answer-What is 'Natural Language Processing' (NLP)?

NLP techniques include Tokenization, POS tagging, Named Entity Recognition NER, Sentiment Analysis, Text Classification, Machine Translation, Summarization, Question Answering. Key models BERT, GPT, RoBERTa, T5. In Banking applications, NLP is used in Customer Service Chatbots SBIs SIA, HDFCs Eva handle millions of queries, Loan Application Processing extracting information from income documents, bank statements, Regulatory Document Analysis parsing RBI circulars, classifying compliance requirements, Fraud Detection analysing transaction descriptions, merchant names and Complaint Analysis categorizing customer grievances from RBI Ombudsman portal.