Chief Guest

Smt. Droupadi Murmu Hon'ble President of India

In The August Presence Of

Shri Mohan Charan Majhi Chief Minister Odisha
Dr Mukesh Mahaling Minister, Health and Family welfare, Parliamentary Affairs, Electronics & Information Technology Odisha
Shri Suryabanshi Suraj Minister, Higher Education, Sports & Youth Services, Odia Language Literature & Culture Odisha

All speakers

Suvendu Pati

Chief General Manager

Reserve Bank of India

Heads the FinTech Department. The key responsibilities include Central Bank Digital Currency (CBDC), Fintechs- regulatory approach/ framework, Emerging Technologies such as AI, Quantum, DLT, Blockchain etc, Fintech Innovation-Regulatory Sandbox, Hackathon, RegTech, Suptech, Open Finance initiatives through Account Aggregator, P2P lending, policies relating to virtual digital assets, emerging technologies, activities of Reserve Bank Innovation Hub (RBIH) - fully owned subsidiary of RBI, etc.
Had represents India in engagements with Multilateral Institutions including Financial Stability Board (FSB) and also represents RBI in BIS Innovation Network, and Financial Innovation Network
Has almost 30 years’ experience with the Central Bank with more than 15 years’ hands on experience in Supervision encompassing commercial banks, large non-banks and cooperatives.

He has served on the Boards of commercial banks.
Handled core functions of the Central Bank including Currency Management, Foreign Exchange, Rural Credit, Planning, Auditing & Budgeting.
Has an education background of MBA, MS in Finance and Financial Regulation from UK.

Speaking at

3:00–4:15pmThu 5 FebBlack Swan DebatesCentral HallPremium
Accelerating Sector Transformation

Benchmarking India's FinTech Trajectory: Are we expecting a Black Swan Disruption triggered by AI-Tokenisation-Quantum in the Financial Services Industry?

Black Swan DebatesCentral HallPremium
About this session

India's FinTech ecosystem has evolved rapidly on the foundation of UPI, account aggregators, and digital lending. But as artificial intelligence, tokenization, and quantum computing converge at unprecedented speed, a critical question emerges: are we approaching a black swan disruption that could fundamentally transform or destabilize India's financial services industry within the next few years?

Black swan events are characterized by their extreme rarity, severe impact, and retrospective predictability. The convergence of AI-powered autonomous finance, comprehensive asset tokenization, and quantum computing presents precisely this profile: AI agents executing complex financial decisions without human oversight; every asset tokenized and settled instantly on decentralized rails; quantum algorithms simultaneously breaking current encryption systems while enabling previously impossible risk modeling and fraud detection.

First: Is this convergence genuinely a black swan threat/opportunity—extreme, unpredictable, and transformative—or are we overhyping predictable technological evolution? Second: If disruption is plausible or probable, how should India prepare? What infrastructure, regulatory frameworks, and strategic capabilities need strengthening now?

The session will explore actionable strategic planning: identifying early warning signals, stress-testing current infrastructure and regulatory frameworks against disruption scenarios, evaluating India's capability gaps, and defining concrete preparedness measures that position the country to either lead the transformation or build resilience against its destabilizing effects.

Past Speakers

Suvendu Pati

Speaking at

Benchmarking India's FinTech Trajectory: Are we expecting a Black Swan Disruption triggered by AI-Tokenisation-Quantum in the Financial Services Industry?