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In this forward-looking and intellectually stimulating session, Saugata Bhattacharya explores the seismic shifts underway in the financial services industry driven by the advent of Generative AI (GenAI). Drawing from his vast experience in economics, banking, and policy advisory, Bhattacharya dissects the journey of financial digitization—from the early days of AI and ML-based fintech innovations to the current disruptions caused by generative technologies. The presentation delves into how GenAI is transforming decision-making, customer engagement, risk management, and regulatory frameworks in finance. With India emerging as a vibrant hub in the global AI landscape, the talk also highlights opportunities for sustainable growth, inclusivity, and resilience in the financial ecosystem. Supported by data, insights from industry leaders, and live examples, the talk is both a wake-up call and a roadmap for the future. AN EMINENT ECONOMIST, HE HAS OVER 30 YEARS OF EXPERIENCE, IN THE FIELDS OF ECONOMIC AND FINANCIAL MARKET ANALYSIS, PROJECT FINANCING, POLICY ADVOCACY, CONSUMER BEHAVIOUR AND ANALYTICS. HE WAS ALSO A PART OF THE REPUTED PRIME MINISTER'S TASK FORCE ON INFRASTRUCTURE. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx