Artificial Intelligence is helping India’s banking sector take new strides in its digital transformation. As financial institutions embed AI into lending, risk management, compliance and customer engagement, the next chapter of this transformation is being written – one where the success of AI will no longer be measured by innovation alone, but by how responsibly it is deployed at scale.

It is against this backdrop that the CNBC-TV18 Banking Transformation Summit, presented by Nucleus Software, is returning for its 4th edition, bringing together the country’s most influential voices from banks, NBFCs, fintech and government to discuss the next phase of India’s financial evolution.

This year’s theme, ‘Scaling Bharat Banking with Responsible AI,’ reflects the changing priorities of the industry as financial institutions look to scale AI-led innovation while preserving trust, ensuring regulatory alignment and expanding access to financial services responsibly.

In an exclusive curtain-raiser for the summit, Vishnu R Dusad, Co-founder and Managing Director, Nucleus Software, highlighted the transformative role AI is expected to play in core banking functions. He spoke about India’s unique advantage in digital public infrastructure and how AI could help create a more inclusive financial ecosystem. “Through AI, we will be able to reach the masses in the remotest corners of our country, deliver hyper-personalisation, and give them the opportunity to change their lives,” said Mr Dusad.

Mr Dusad also discussed the possibilities of AI beginning to influence critical decisions across the banking value chain. “It is still some distance away. Certain challenges remain. But through well-defined guardrails, we would be able to address those challenges and make sure that the value AI deliver to society is given in the right manner.”

Over the years, the Banking Transformation Summit has established itself as one of India’s leading forums on the future of banking. Previous editions have featured distinguished leaders such as V Anantha Nageswaran, Chief Economic Adviser to the Govt of India; J Swaminathan, Deputy Governor, RBI; Dinesh Kumar Khara, former Chairman, SBI; Uday Kotak, Founder & Director of Kotak Mahindra Bank; and K V Kamath, Chairman, Jio Financial Services, among others, offering visionary perspectives that have shaped the narrative around India’s financial ecosystem.

This year’s summit will be graced by our Guest of Honour Shirish Chandra Murmu, Deputy Governor, Reserve Bank of India, who will deliver a keynote address on ‘Vision for Responsible AI, Resilient Banking.’ This will be followed by leadership discussions: Banking CEOs will participate in a panel on ‘Credit Redrawn: Lending Smarter, Faster Across Bharat,’ Fintech innovators will focus on ‘AI, Compliance & Growth: Responsible Fintech for Bharat’, and NBFC leaders will hold discussions on ‘NBFC Redrawn: Intelligent by Design, Trusted by Bharat.’ There will also be a policy-focused fireside chat, ‘AI-Powered Ambitions: Banking on Policy’, on the government’s vision for enabling AI-led transformation in financial services.

The conversations at this year’s summit aim to go beyond technology and explore how intelligence, trust and governance can together shape the future of India’s banking sector. The Banking Transformation Summit will be held on 19 August 2026 in Mumbai.

For more information, visit https://ms.cnbctv18.com/banking-transformation-summit/