Data & AI mega trends of future; be ready for the tsunami: Amitabh Chaudhry, Axis Bank

The MD & CEO of Axis Bank, Amitabh Chaudhry, warns that the banking sector must be ready for upcoming mega trends, which include using data and artificial intelligence (AI) optimally, as well as the impact of millennials and emerging platforms. While he was optimistic about the ongoing growth, Chaudhry believed the sector should not allow the previous year’s sugar rush to go on for too long or overlook possible future problems. Chaudhry also shared that the acquisition of Citi bank was among the most challenging times of his tenure.