Building foresight capability to anticipate risks a priority: Pandey

As the three-day premier summit came to a close, a clear call emerged: Regulate wisely, innovate responsibly, and build a resilient, tech-driven foundation for India’s financial future

- BS REPORTER

The three-day Business Standard BFSI Insight Summit 2025 concluded on Friday in Mumbai with a strong focus on responsible technology adoption, market resilience, and the future growth trajectory of India’s financial ecosystem.

Key voices from regulators, industry leaders, fund managers and market strategists shared deep insights across a rich agenda of 11 sessions, reinforcing a collective commitment to building a resilient, innovative and inclusive financial market framework.

Securities and Exchange Board of India (Sebi) Chairman Tuhin Kanta Pandey opened the day by highlighting the critical need to adopt emerging technologies such as artificial intelligence (AI) responsibly in financial markets.

Emphasising stronger cyber preparedness, Pandey outlined Sebi’s focus on developing foresight capabilities to anticipate risks and shocks. “True resilience lies in foresight — the ability to read trends early, anticipate risks and prepare the system to withstand shocks. Building such capability, both within Sebi and across market institutions, will remain our key priority,” he said.

He noted that India’s capital markets have evolved into a pillar of economic growth by becoming more efficient and inclusive through reforms, but cautioned about the ecosystem’s increasing complexity due to interlinkages among banks, corporates, mutual funds, insurers, fintechs and pension funds. “A disruption in one segment can transmit rapidly to another,” he said, stressing the need for coordination through the Financial Stability and Development Council (FSDC).