Physical Conference on 7th of August, Mumbai
From paper trails to predictive models, financial institutions are redefining value through technology. A leading private sector bank in India recently embarked on a major transformation journey to boost operational efficiency, enhance customer engagement, and address rising data protection concerns. With legacy systems slowing transaction times and service delivery, the bank turned to cutting-edge technologies to remain agile in a fast-evolving financial landscape.
Artificial Intelligence (AI) was deployed to personalize offerings based on customer behavior — recommending tailored loans, credit cards, and investment options. AI-powered chatbots provided round-the-clock customer service, drastically cutting response times and improving service accessibility. These tools allowed the bank to engage customers with precision while freeing up human agents for complex issues, creating a seamless experience across platforms.
In parallel, the bank introduced Robotic Process Automation (RPA) to digitize repetitive processes like account opening, loan approvals, and KYC verifications. Transaction times dropped by over 40%, and human errors were significantly reduced. Cloud computing formed the foundation for this digital leap, enabling flexible, scalable services such as mobile banking, online loans, and virtual insurance.
By shifting to a cloud-first model, the bank could rapidly meet growing customer demands and expand services across geographies without heavy infrastructure investments. To address security, blockchain technology was introduced into its trade finance platform, ensuring tamper-proof transactions and transparency, especially in cross border operations. This led to a 30% reduction in fraud and reinforced compliance with regulatory standards.
Overall, the results were transformative: operational costs decreased by 15%, loan processing became faster, and customer satisfaction improved by 20%. With enhanced agility, security, and personalization, the bank emerged as a digital-first leader within India’s BFSI sector. As institutions across the industry explore similar tech-forward models, a broader dialogue has emerged around innovation, resilience, and digital growth — one that takes center stage at the upcoming BFSI IT Summit.
Event Overview:
The 29th Edition of the BFSI IT Summit – India brings together technology leaders, innovators, and decision makers from the banking and financial services sector to explore the future of digital finance. From AI and cloud adoption to cybersecurity and blockchain, the summit will present real-world success stories like the one above alongside expert-led panels and actionable insights. The event aims to drive conversations around next-gen solutions, enhance digital agility, and shape the future of India’s financial landscape through collaboration,
innovation, and strategic foresight.
● Date: 7th August 2025
● Time: 9:00 AM – 05:00 PM
● Location: JW Marriott Juhu, Mumbai, India
Get ready to hear from these distinguished professionals :-
● Balaji Rajagopalan– Chief Technology Officer State Bank of India.
● Naval Lad – Chief Technology Officer Axis Finance Limited.
● Haryyaksha Ghosh – Chief Data Officer Aadhar Housing Finance Ltd.
● Aditya Pawaskar – Senior Executive Vice President Kotak Mahindra Bank.
The event agenda will focus on the following topics:
● Beyond the Horizon: The Next Frontier of AI in Banking.
● How the BFSI Industry is winning with cloud computing.
● Securing the Vault: Cyber Defense Strategies for Modern Banking.
● Shaping the Future of Banking Readiness to 2030.
About Exito:
Exito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.