Emkay: Indian fintechs to see meaningful AI revenue only from FY28

Sep 15, 2026 · Issue 7 · 2 sources, 2 articles

An Emkay Research report says Indian fintech companies can expect significant revenue from AI capabilities only from the 2028 financial year, even though they already use it in payments, lending, customer service and merchant operations.

Who is affected and how

fintech company

The payback timeline for AI revenue should be built into the business plan.

chief financial officer

AI investment decisions should assume a realistic, multi-year payback.

Narrative: Everyone uses it, few measure the return on investment

Sources

• Indian Fintech Companies Set to Reap AI Revenue by FY28: Emkay Research Report, ETBFSIbfsi.economictimes.indiatimes.com · Sep 15, 2026
• Indian fintech's AI push likely to yield revenue from FY28 onwards: Reportnews.webindia123.com · Sep 15, 2026

Machine-generated summary based on the titles and excerpts of the source articles. The source article is the authority for the facts. News monitoring, not investment, financial or tax advice.