Predict, Prescribe, Prosper: Unlocking the power of data and AI in public sector banks
India’s digital economy is witnessing unprecedented momentum. Fueled by government initiatives such as Digital India, Jan Dhan-Aadhaar-Mobile (JAM) trinity, and the rapid adoption of UPI, the country has become a fertile ground for digital transformation. Digital payments are growing at a compound annual growth rate (CAGR) of over 30%, with more than 17 billion UPI transactions monthly as in April 2025. As mobile penetration deepens and consumer behavior shifts online, banks are accumulating vast volumes of data—structured, unstructured, and semi-structured—across every touchpoint.
