Millennials are a crucial customer group for Indian banks, but gaining their loyalty is a major challenge. A YouGov study shows that 61% of millennials hold accounts with multiple banks and are open to switching to a fully digital bank offering personalized banking, accessible 24/7, excellent service, convenience, and customer support. However, over 70% of them are dissatisfied with traditional banking services, especially outdated IVR systems.
By automating conversations through AI, banks can improve the customer experience, handle transactional inquiries, and reduce risks. Conversational AI and generative AI can revolutionize CX, increase customer acquisition and retention rates while spending less.
Join our banking roundtable to learn from CX innovators and leaders about the potential of these innovative technologies to revolutionize customer interactions, streamline operations, and drive financial inclusion across the nation. Don’t miss this opportunity to gain actionable insights, exchange ideas, and network with industry pioneers shaping the future of banking in Digital India! Reserve your spot today!
Presenting Partner
Kore.ai is a global leader in the conversational AI platform and solutions helping enterprises automate front and back office business interactions to deliver extraordinary experiences for their customers, agents, and employees. More than 400+ Fortune 2000 companies trust Kore.ai Experience Optimization (XO) Platform and technology to automate their business interactions for millions of users worldwide to achieve extraordinary business outcomes.
Questions for Discussion
Key differentiator for the banks today is delivering personalized customer experience addressing each customer segment in a way that reduces customer effort and improves NPS & CLV. What role can AI and automation play in delivering these metrics?
Lead slippage and high cost of customer acquisition are some of the many challenges that banks face when acquiring customer may it be new or cross sells. What are the areas that can be optimized using conversational & generative AI?
Optimal collection strategy is key to reducing cost of collections and improving collection % across borrower DPD segments. How can we make best use of automation with conversational AI and related techs to improve collection strategy?
Our Speakers
Ashutosh Sharma
VP & Sales Head – India
Kore.ai
Sathish Ramachandran
Presales Manager
Kore.ai
Abhijit Mhetre
SVP – Marketing