Time to ‘go all in’ on AI for the BFSI Sector: Thoughtworks
India’s Banking, Financial Services and Insurance (BFSI) sector is undergoing a major transformation, driven by the rise of Artificial Intelligence (AI). Industry reports suggest that AI could reshape 35-50 per cent of jobs in Indian banking. Adopting this technology is necessary for banks to manage cost structures and boost productivity.
A series of discussions, titled ‘AI: The next leap in BFSI’, saw Bharani Subramaniam, CTO for India and the Middle East, Thoughtworks, and Deepak Bhatia, who leads the BFSI business for the region for Thoughtworks, share their insights on AI’s impact in the sector from foundational changes to its strategic role in future growth.
