INDIA — Industry coverage has indicated that BFSI technology spending grew by approximately 8% year-on-year in the first half of 2026, compared with around 4% growth in BFSI IT-services revenue. Reported areas of investment included software, cloud, AI infrastructure and cybersecurity.
If confirmed by the underlying research, the figures would suggest that financial institutions continue to prioritise technology investment even as service-provider revenue growth remains more moderate. The data points to the importance of measurable business outcomes, secure modernisation and disciplined technology spending.
Source: industry research coverage; figures to be verified against the underlying report. Rewritten and summarised by BFSI NXT. Please refer to the original source for full details.
