Sanjay Malhotra, Governor, RBI, will address the inaugural session
FinTech BizNews Service
Mumbai, 10 August, 2026: FICCI, in association with the Indian Banks Association, is organising FIBAC 2026 at Trident Hotel, Nariman Point, Mumbai.
Day & Date: | Tuesday, August 11, 2026 |
Time: | 10:15 AM |
Venue: | Trident, Mumbai |
The theme is : Winning in the AI Era: The New Playbook for Indian Banks
The detailed two-day programme is as follows:
Day 1: 11th August 2026
10:15 a.m. – 11:30 a.m. Inaugural Session
Welcome address by Ms Jyoti Vij, Director General, FICCI
Address by Shri Challa Sreenivasulu Setty, Chairman, IBA
Address by Shri Anant Goenka, President FICCI & Vice Chairman, RPG Group
Release of FIBAC 2026 report
Theme Presentation by Shri Ruchin Goyal, Managing Director and Senior Partner, BCG
Inaugural address by Chief Guest Shri Sanjay Malhotra, Governor, RBI Concluding remarks by Shri Atul Kumar Goel, Chief Executive, IBA
Vote of Thanks by Shri Anant Swarup, Secretary General, FICCI
Session to be moderated by Ms Jyoti Vij, Director General, FICCI
11:30 a.m. – 11:40 a.m. Session Changeover
Business Sessions
11:40 a.m. – 12:55 p.m.
SESSION 1
Panel discussion
Business Session: Winning in the AI Era: The new Playbook for Indian Banks India's banking sector enters 2026 at an inflection point. AI has shifted from a technology investment to a strategic imperative - compressing margins, accelerating disintermediation, and rewriting competitive advantage simultaneously. India's top banking CEOs debate what a winning strategy actually looks like: where to invest, what to defend, and how to lead institutions of enormous scale through genuine structural change.
Moderated by: Shri Ruchin Goyal, Managing Director and Senior Partner, BCG
Panelists
• Dr Debadatta Chand, MD & CEO, Bank of Baroda
• Shri Ashok Chandra, MD & CEO, Punjab National Bank
• Shri Asheesh Pandey, MD & CEO, Union Bank of India
• Shri Amitabh Chaudhry, MD & CEO, Axis Bank
• Shri V Vaidyanathan, MD & CEO, IDFC First Bank
• Shri P D Singh, CEO - India & South Asia, Standard Chartered Bank
• Shri Rajat Verma, MD & CEO, DBS India
Q&A
12:55 p.m. – 1:00 p.m. Session Changeover
1:00 p.m. – 2:00 p.m.
SESSION 2 Panel discussion
Business Session: MSME 2026: From Promise to Profitable Reality India's 63 million MSMEs contribute over 30% of GDP yet remain chronically under-lent. Collateral constraints, thin credit histories, and informal cash flows have kept the gap wide despite years of intent. This session asks the harder questions: who has genuinely cracked the unit economics of MSME lending at scale, and what must lenders, government, and institutions each do differently to make 2026 the year the promise becomes reality.
Moderated by: Shri Abhinav Bansal, Managing Director and Senior Partner, BCG
• Shri Ashwini Kumar Tewari, MD - Corporate Banking & Subsidiaries, State Bank of India
• Shri Partha Pratim Sengupta, MD & CEO, Bandhan Bank
• Shri Nidhu Saxena, MD & CEO, Bank of Maharashtra
• Shri Nirmal Jain, Founder, IIFL Group
• Shri Rajiv Sabharwal, MD & CEO, Tata Capital
• Shri Jinand Shah, MD, OPL
Q&A
2:00 p.m. – 3:00 p.m. Lunch
3:00 p.m. – 4:00 p.m. SESSION 3
Panel discussion
Business Session: Agentic AI: When machines don't just advise - they act Agentic AI changes the fundamental contract - machines are now executing decisions and operating autonomously across lending, payments, compliance, and customer service. India is uniquely positioned to lead this transition. This session examines what deploying AI agents at scale actually requires: the architecture, the governance, and what banks that get this right will look like in three years versus those that do not.
Moderated by: Shri Ashish Garg, Managing Director and Senior Partner, BCG
Panelists
• Shri P R Rajagopal, Executive Director, Bank of India
• Shri S K Majumdar, Executive Director, Canara Bank
• Shri Sanjay Mudaliar, Executive Director, Bank of Baroda
• Shri Anjani Rathor, Group Head – Digital Banking & CX, HDFC Bank
• Shri Pankaj Sharma, Head of Business Transformation, IndusInd Bank
• Shri Anjan Pandey, Vice President – Value Consulting, Businessnext
Q&A
4:00 p.m. – 4:20 p.m. Tea Break
4:20 p.m. – 5:20 p.m.
SESSION 4 Panel discussion
Business Session: The AI-Powered Credit Engine: Smarter Lending, Smarter Recovery
From alternate-data underwriting to AI-driven recovery workflows, the entire credit lifecycle is being rebuilt. For India's banks, where much of the addressable market remains thin-file or unserved, getting AI credit right is as much a financial inclusion imperative as a profitability one. This panel examines what AI-led credit transformation has delivered in production, not pilots and what the next generation of models must do differently.
Moderated by: Shri Aniruddha Marathe, Managing Director and Partner, BCG
Panelists
• Shri Salee S Nair, MD & CEO, Tamilnad Mercantile Bank
• Shri Rajiv Mishra, Executive Director, Bank of India
• Shri Rakesh Singh, Executive Director & CEO – NBFC, Aditya Birla Capital
• Shri Nirav Prajapati, Founder & CEO, Ignosis AI
• Shri Kumar Abhishek, Founder & CEO, ToneTag
• Shri Rajorshi Chanda, Chief Strategy Officer, TransUnion CIBIL
Q&A
5:20 p.m. – 5:25 p.m. Session Changeover
5:25 p.m. – 6:25 p.m.
SESSION 5 Panel discussion
Business Session: Risk, Compliance & Responsible AI: The Triple Mandate for Indian Banking
Risk management in 2026 faces three simultaneous pressures: an expanding regulatory environment, a climate risk agenda requiring entirely new frameworks, and AI-driven decision-making that introduces model risk and explainability challenges existing governance was not built to handle. This session examines how India's banks are building risk and compliance capabilities fit for this complexity - and what responsible AI governance must look like when autonomous systems affect millions of customers.
Moderated by: Shri Deep Narayan Mukherjee, Partner & Director, Risk Management & AI, BCG
Panelists
• Shri Brajesh Kumar Singh, MD & CEO, Canara Bank
• Shri Kaushik Shaparia, CEO – India & Emerging Asia, Deutsche Bank
• Shri P R Seshadri, MD & CEO, South Indian Bank
• Shri Sudipta Roy, MD & CEO, L&T Finance
• Shri Sachin Seth, Regional Managing Director, India and South Asia, CRIF
• Shri George K. John, Executive Director, ESAF Small Finance Bank Ltd
Q&A
Day 2: 12th August 2026
9.45 a.m. – 10:45 a.m.
SESSION 6 Panel discussion
Business Session: Leveraging AI to redefine Operations of the Future: The Efficiency Imperative
Digital competitors operate at a structurally lower cost base. AI offers a genuine path to closing the gap - through process automation, intelligent operations, and eliminating manual workflows embedded in banking for decades. This session examines where cost transformation is delivering measurable results, what the roadmap looks like at different maturity levels, and how leaders make the case for investment when short-term earnings pressure is relentless.
Moderated by: Ms Neha Gupta, Managing Director and Partner, BCG
Panelists
• Shri Kalyan Kumar, MD & CEO, Central Bank of India
• Shri Rama Mohan Rao Amara, MD - Retail Business & Operations, State
Bank of India
• Shri Inderjit Camotra, MD & CEO, Unity Small Finance Bank
• Shri M N Srinivasu, Co-founder, Billdesk
• Shri Ramanan SV, CEO - India & South Asia, Intellect Design Arena Ltd
• Shri Ashwani Arora, CEO, Novel Patterns
Q&A
10:45 a.m. – 10:50 a.m. Session Changeover
10:50 a.m. – 11:50 a.m.
SESSION 7 Panel discussion
Business Session: The Augmented Banker: Redefining Roles in the Age of AI
AI is not eliminating banking jobs - but it is fundamentally changing what they require. Every role from relationship manager to compliance analyst is being augmented or partially automated. This session examines how banks are reskilling workforces at scale, what the productivity dividend actually looks like, how leaders manage union dynamics and cultural resistance, and what the banking workforce of 2030 will genuinely look like.
Moderated by: Shri Anshuman Upadhyaya, Managing Director and Partner, BCG
Panelists
• Shri Binod Kumar, MD & CEO, Indian Bank
• Shri Tushar Vikram, Country Head & CEO India, Mashreq
• Shri Subrat Kumar, Executive Director, Bank of India
• Shri Ratan Kumar Kesh, ED & COO, Bandhan Bank
• Shri Hitesh Sahijwaala, Regional Head, APAC & MEA, Business Next
• Shri Avartan Bokil, Chief of Growth Businesses, Iron Mountain India
Q&A
11:50 a.m. – 11:55 a.m. Session Changeover
11:55 a.m. – 12:55 p.m.
SESSION 8 Panel discussion
Business Session: The Affluent Consumer: From Saver to Investor - India's Wealth Revolution
A structural shift is underway as India's mass-affluent segment moves wealth from deposits to diversified portfolios at scale. For banks, this is both opportunity and threat - deepen relationships through private banking, or lose wallet share to asset managers and wealth-tech platforms. This session examines how India's banks are competing for the affluent consumer and what winning in private wealth genuinely requires.
Moderated by: Shri Mayank Jha, Managing Director and Partner, BCG
Panelists
• Shri Anthony Heredia, MD & CEO, Mahindra Manulife Investment
Management Pvt Ltd
• Shri Adhil Shetty, Founder & CEO, BankBazaar
• Shri Yatin Shah, Co-Founder & CEO Wealth, 360 ONE
• Shri Aditya Mandloi, MD, Head – Wealth & Retail Banking, India & South
Asia, Standard Chartered Bank
• Shri Ambuj Chandna, MD & Head - Consumer Banking Group, DBS
Bank India
Q&A
12:55 p.m. – 2:00 p.m. Lunch
2:00 p.m. – 3:00 p.m.
SESSION 9 Panel discussion
Business Session: From Legacy to AI-Native: The Great Banking Technology Transformation
No AI strategy succeeds on a broken technology foundation. India's banks are mid-way through the most consequential technology rebuild in their history -migrating cores, moving to cloud, and creating the data infrastructure AI demands. This session examines what successful transformation actually requires: the investment decisions, the build-versus-buy choices, and the leadership needed to modernise a bank without stopping it.
Moderated by: Shri Swayamjit Mishra, Managing Director and Partner, BCG
Panelists
• Shri Rana Ashutosh Kumar Singh, MD - International Banking, Global
Markets & Technology, State Bank of India
• Shri Joydeep Dutta Roy, Executive Director, Indian Overseas Bank
• Shri Parag Bhise, Executive Director & CEO, Nucleus Software
• Shri Sameer Shetty, Group Head, Digital Business & Transformation
and Strategic Programs, Axis Bank
• Shri Manoj Singodia, Managing Director and Lead - Financial Services, Accenture India
• Shri Ravi Pichan, CIO & Head Digital Banking, RBL Bank
Q&A
3:00 p.m. – 3:05 p.m. Session Changeover
3:05 p.m. – 4:05 p.m.
SESSION 10 Panel discussion
Business Session: From Pledges to Portfolios - Climate Finance in Indian Banking
India's net-zero commitment and RBI's evolving climate disclosure framework create both an opportunity and an obligation for banking. Most banks remain at an early stage: ESG policies exist, but transition finance products, climate risk integration in credit, and Scope 3 measurement are still nascent. This session examines where transition capital will come from, how to price climate risk, the role of DFIs and MDBs, and the regulatory clarity needed to unlock the system.
Moderated by: Ms Neetu Chitkara, Managing Director and Partner, BCG
Panelists
• Shri Rakesh Kashyap, DMD, NABARD
• Ms Beena Vaheed, Executive Director, Bank of Baroda
• Shri Malladi Venkat Murali Krishna, Executive Director, Central Bank of India
• Shri Ashutosh Choudhury, Executive Director, Indian Bank
• Dr Mukund Rajan, Chairperson, ECube Investment Advisors*
• Ms Aloka Majumdar, Head of Sustainability, India, HSBC
Q&A
4:05 p.m. – 4:10 p.m. Session Changeover
4:10 p.m. – 5:10 p.m.
SESSION 11 Panel discussion
Valedictory Session: India's Financial Institutions for Viksit Bharat
Viksit Bharat demands a financial sector capable of mobilising capital at a scale and speed India has never attempted. Infrastructure, agriculture, exports, MSME, and the energy transition all require institutional capacity that banks, DFIs, and capital markets must build together. India's most senior financial sector leaders reflect on what the decade ahead asks of every institution in the room.
Moderated by: Shri Varun Kejriwal, Managing Director and Partner, BCG
Panelists
• Shri Atul Kumar Goel, Chief Executive, IBA
• Shri Rajkiran Rai G, Managing Director, NaBFID
• Shri Rakesh Sharma, MD & CEO, IDBI Bank
• Shri Rajneesh Karnatak, MD & CEO, Bank of India
• Shri Manoj Mittal, Chairman & MD, SIDBI
• Ms Harsha Bangari, Managing Director, India EXIM Bank
Q&A
5:10 p.m. – 5:15 p.m. Session Changeover
5:15 p.m. – 5:30 p.m. Vote of Thanks by Shri Atul Kumar Goel, Chief Executive, IBA
