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- It was jointly organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Indian Banks’ Association (IBA), with Boston Consulting Group (BCG) as the Knowledge Partner.
- RBI Governor Sanjay Malhotra delivered the inaugural address, highlighting India’s resilience and potential to become the world’s third-largest economy.
- The theme focused on navigating technological disruption, regulatory shifts, and evolving customer expectations in banking.
- Key topics included AI adoption, digital transformation, ESG integration, and core modernization strategies.
- A report titled “Charting New Frontiers” was released, outlining how banks must grow 3–3.5 percentage points faster than nominal GDP to support the Viksit Bharat Mission.
Question:
Q.1 What was the official theme of the FIBAC (FICCI–IBA Annual Banking Conference) 2025?a) Banking Beyond Borders
b) Fuelling Inclusive Growth
c) Building a Self-Reliant Banking Sector
d) Charting New Frontiers
Answer: d) The theme “Charting New Frontiers” focused on disruption, regulatory change, and evolving customer needs.