Page 3 - Latest Updates on Business Standard BFSI Insight Summit 2026

GenZ's lifestyle spends more risky than market volatility: Sakchi Jain

At the Business Standard Smart Investor Arena, Sakchi Jain warned that Gen Z's rising reliance on credit and lifestyle spending poses a bigger threat to SIP discipline than market volatility

PFRDA chief S Ramann wants to plug NPS into corporate payroll systems

Pension regulator in talks with HRMS providers to enable salary-linked contributions; sees scope for pension funds to finance infrastructure

BFSI Insight Summit: Health insurance leaders split on dedicated regulator

At the BFSI Insight Summit 2026, health insurance leaders differed on the need for a dedicated regulator but agreed on improving hospital billing transparency, claims and affordability

Strong audit oversight is Viksit Bharat bedrock: NFRA's Nitin Gupta

At the BFSI Insight Summit 2026, NFRA chief Nitin Gupta said credible financial reporting and independent audits are vital to attracting long-term capital for Viksit Bharat 2047

AI poses new risks, makes assessment more complex: General insurers

At the BFSI Insight Summit 2026, general insurance leaders warned of mounting cyber and AI risks, calling for stronger underwriting, reinsurance protection and clearer policy terms

BFSI Insight Summit 2026: Life insurers seek longer transition period

Industry leaders back customer-centric changes but flag impact of commission caps, expense limits, and uniform implementation timelines

Insurance must grow 1.5-2x faster than GDP: Irdai chief Ajay Seth

Ajay Seth says India's insurance sector must grow 1.5-2 times faster than the economy, with faster claims settlement, greater transparency and lower distribution costs key to expanding coverage

Unlocking pension funds for infra financing a priority: PFRDA Chairperson

At the BFSI Insight Summit 2026, PFRDA chief S Ramann outlined plans to expand pension coverage, strengthen APY, integrate NPS with payroll systems and fund infrastructure

BFSI Insight Summit: Crypto industry calls for greater regulatory clarity

At the BFSI Insight Summit 2026, crypto experts called for clearer regulations and tax reforms, warning that high taxes were pushing trading overseas despite strong adoption in India.

BFSI Summit: 'Agentic payments need clear liability rules to build trust'

At the BFSI Insight Summit 2026, Amazon Pay, Juspay and Visa executives called for clear liability rules, robust authentication and traceability to build trust in agentic payments

No standardised CAS template worldwide: Sebi Whole-time Member K V R Murty

At the BFSI Insight Summit 2026, Sebi's KVR Murty said retail F&O traders may need additional guardrails, while stressing investor awareness, market integrity and technology-led oversight

AI in banking here to stay; banks must gear up for change, say experts

At the BFSI Insight Summit 2026, banking leaders said AI and autonomous agents could transform banking, but warned that balancing innovation with risk controls would be crucial

Still have 600 mn users left to acquire on UPI: PhonePe chief Sameer Nigam

At the BFSI Insight Summit 2026, PhonePe CEO Sameer Nigam outlined plans to take UPI to a billion Indians, while questioning market share caps and backing MDR to sustain digital payments

BFSI Insight Summit 2026: 'Real-time fraud check key in digital payments'

At the BFSI Insight Summit 2026, payments leaders called for AI-driven fraud detection, real-time risk scoring and greater industry collaboration to tackle rising digital payment scams

BFSI Summit 2026: Focus must be on labour-intensive growth, say economists

At the BFSI Insight Summit 2026, economists warned that AI and capital-intensive growth could threaten job creation, calling for labour-intensive manufacturing and faster skilling

BFSI Summit 2026: PEs shift strategy from 'spray and pray' to focused bets

At the BFSI Insight Summit 2026, PE leaders Renuka Ramnath and Amit Chandra stressed selective investments, active ownership, AI-led value creation and the need for domestic capital