TECHNOLOGY

  • what will drive bfsi in the next 5 years

    What will drive BFSI in the next 5 years?

    There will be geopolitical and socioeconomic challenges, and inflation will also remain a key issue. I see banks' margins moderating and insurance premiums going up. I would love to see more success stories of fintechs and more Indian banks in the top global lists. I don’t see any further consolidation of PSU banks but there could be consolidation in PSU insurance. More companies will enter the insurance sector as more than 20 licences are up for IRDAI approval.

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