Business News
Indian Banking Enters Intelligent Scale as Banks, Fintechs and NBFCs Turn to AI to Expand Credit and Drive Financial Inclusion
Oct 05, 2026
New Delhi [India], October 5: Four days after the Prime Minister's Red Fort pledge to train a crore Indians in AI, the country’ s banking establishment gathered for the fourth CNBC-TV18 Banking Transformation Summit, presented by Nucleus Software, filled with an understanding that India’s financial ecosystem had crossed a threshold. As the event theme ‘Scaling Bharat: Powering Progress with Responsible AI’ implied, the question was no longer whether artificial intelligence would transform banking. Now, the aim was to articulate a vision for the kind of transformation India would create, who would benefit, and how intelligence would be accompanied by responsibility.
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