For fintech particularly, digital public infrastructure and innovative business solutions are essential for tackling financial inclusion and rural penetration effectively. Furthermore, the design and integration of voice and vernacular interfaces into products and services helps deliver substantial value and should be prioritized.

In legacy modernization, systematically dismantling the core allows institutions to address their technical debt and establish a suitable timeline for the modernization program. The implementation of AI and machine learning-based deep learning models serves as the foundation for creating Early Warning Systems (EWS), AI-powered credit scoring using alternative data sets, and digital platforms for collections. Additionally, tracking NPA resolutions helps to continually reduce friction across the entire credit risk ecosystem.