09/05/2026
AI in BFSI is moving from experimentation to ex*****on, with a sharper focus on scalability, risk management, and measurable business impact.
At the Indian Institute of Technology, Bombay – Optiver AI Innovation Lab National Symposium on AI Innovation in BFSI Services, conversations centered on where AI is delivering real value today, where it is falling short, and what it will take to bridge that gap. From navigating regulatory complexity to building resilient, data-driven systems, the discussions highlighted a clear shift from ambition to accountability.
Research presented at the symposium reflected a strong convergence of industry and academia, with leading banks sharing their work on AI implementation in BFSI.
Discussions ranged from cybersecurity frameworks to ethics and risk mitigation, with transformers and digital infrastructure frameworks at the centre of focus.
The event was inaugurated by Prof. Upendra Bhandarkar, Dean of Alumni and Corporate Relations. The symposium brought these ideas to life through a mix of keynotes, panel discussions, hands-on workshops, and research presentations, spanning applications across banking, insurance, and financial services.
Contributions from Prof. Dipak Gupta, Prof. Prof. S.V.D. Nageswara Rao, Prof. D Manjunath, Prof. M.D. Agrawal, Mr. Suhrid Brahma, Mr. Chinmay Bhatia, and Mr. Amit Roy, along with the leadership of Prof. Rajendra M Sonar, Ph.D., reflected the strength of industry-academia collaboration in driving meaningful progress.
We also acknowledge the valuable contributions of the session chair, Prof. Vijay Kumar Manupati (IIM Mumbai), for his insights and guidance to presenters, and the support of Optiver Labs and Prof. Rajendra M Sonar in making the symposium a success.