The New Frontier of Banking in India: Leveraging the Latest Global Technologies to Drive an Innovative Transformation

Aguru Manoj Kumar

Abstract: This article explores how emerging technologies like quantum computing, blockchain, AI, ML, robotic process automation (RPA), and decentralized finance (DeFi) are transforming the Indian banking landscape. By leveraging quantum computing for advanced risk management, blockchain for transparent clearing and settlement, and AI/ML for customer behavior prediction, banks can redefine operational efficiency and customer experience. RPA and hyperautomation streamline back - office processes, while technologies such as 5G and IoT offer real - time banking in remote areas. Neobanks and DeFi systems provide new avenues for financial inclusion. Overall, these innovations position Indian banks to remain competitive in an evolving global ecosystem.

Keywords: Quantum Computing, Blockchain, Artificial Intelligence (AI), Machine Learning (ML), Robotic Process Automation (RPA), Distributed Ledger Technology (DLT), Decentralized Finance (DeFi), Indian Banking, Financial Inclusion, Hyperautomation, 5G, IoT, FinTech.