ReferIndia News Enterprise SaaS becomes 'condition for survival' in Indian BFSI as demand outpaces friction

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Enterprise SaaS becomes 'condition for survival' in Indian BFSI as demand outpaces friction

Published on: June 28, 2026, 10:52 a.m. | Source: The Economic Times

Financial services in India are embracing Enterprise SaaS as a survival necessity, driven by regulatory demands and customer expectations. Banks and other institutions see B2B SaaS as vital for growth, particularly in security, compliance, and customer experience. Mid-sized players are leading adoption, recognizing scalability as key. While technology offers competitive advantages, startups face challenges with long sales cycles and implementation hurdles.

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