Kerala Chief Minister Pinarayi Vijayan has called on cooperative banks to prepare for fast-evolving technological disruptions, stressing that digital preparedness is essential as the banking sector undergoes rapid IT transformation. He was speaking at the IT Conclave organised by Kerala State Cooperative Bank, popularly known as Kerala Bank.

Vijayan said that the pace of innovation in areas such as artificial intelligence, fintech, cybersecurity and data analytics is reshaping how banks operate. In such a scenario, cooperative lenders must not view technology merely as a compliance requirement but as a strategic advantage. He added that proactive adoption can help institutions convert emerging professional threats into long-term opportunities.

Linking the discussion to the broader startu

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