YES BANK hosted ‘AI Fest’ at its headquarters in Mumbai, bringing together more than 29 technology partners to explore real-world applications of Artificial Intelligence (AI) and scalable implementation strategies in banking.
Built around the theme of Intelligence, Innovation and Impact, the event provided a platform for the Bank’s teams to engage with technology innovators, evaluate emerging AI solutions and identify opportunities to create measurable business value.
Commenting on the initiative, Mr. Mahesh Ramamoorthy, Chief Information Officer, YES BANK, said, “Financial services is at an inflection point with AI, as the sector focuses scaling AI responsibly and create lasting value. Our ‘AI Fest’ was designed to create a focused environment where our teams at YES BANK could ideate on possible AI solutions that are mature enough to be adopted. We were able to bring together our business, product, risk, compliance and multiple other teams along with the technology ecosystem under one roof to discuss challenges and ideate on democratising AI. The ‘AI Fest’ aligns with our broader AI strategy of building capabilities methodically, governed by robust frameworks, and focused on delivering sustainable impact across the Bank.”
YES BANK’s AI initiatives are anchored by a Board-approved AI Governance Policy aligned with the RBI’s Framework for Responsible and Ethical Enablement of AI. The Bank has also established an AI Council and AI Centre of Excellence and introduced Responsible AI training.
