Indian economy continues to be on a roll. As per the data released by the National Statistical Office, the country’s real GDP grew by 8.4 percent in the third quarter of FY2023–24, compared with the corresponding quarter in the previous fiscal.
It goes without saying that the BFSI sector is one of the key pillars holding the Indian economy steady. With India poised to become the third-largest economy of the world, overtaking Japan and Germany in the process, the sector has a giant responsibility on its shoulders.
This has been possible, thanks to the sector being a frontrunner in terms of technology adoption and digitalization, which has enabled it to democratize digital banking and payments on an unprecedented scale. The sector has also been among the first to adopt AI-based technologies and solutions.
BFSI CXOs, particularly the CIOs, CDOs, CISCOs, etc., have played pivotal roles in keeping the BFSI sector at the cutting edge of continuous digital transformation and making the sector a powerful growth engine of the country’s economy. So much so that India is already estimated to be the third-largest digital economy in the world, after the USA and China.
The financial inclusion story in India has particularly been laudable. The value of digital payments transactions has grown more than four times in just about five years, from Rs 3,134 crore in 2018–19 to Rs 23,462 crore in 2022–23.
At CIOAXIS we are holding a day-long event focussing on various layers of digital inclusion. The event will cover how BFSI companies are strategizing their technology, infrastructure and using high levels of automation, data and AI, and enhancing the support system to help the new-age as well as traditional customers.
The CIOAXIS BFSI CXO Awards & Confex 2024 promises to be a thought-provoking and insightful event, providing a comprehensive understanding of digital inclusion and its impact on the BFSI sector. Through engaging sessions, expert panels, and networking opportunities, participants will gain practical knowledge, actionable strategies, and valuable connections to drive their organizations towards a digitally inclusive and customer-centric future.
*Agenda & Schedule to change without prior notice
With this initiative, we provide you with the unique opportunity to reach out to 150+ of the most influential CXO from banking, financial services and insurance, NBFC organisations, all under one roof. Attendees at this conference also includes from award ceremony who are the winners of CIOAXIS BFSI CXO Awards & Confex 2024.
