Tech
GenAI is allowing us to challenge incumbents in areas we were not competitive: Mphasis CEO
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Synopsis
In an exclusive interview with ET Prime, Mphasis CEO Nitin Rakesh talks about the slowdown in the banking and finance business, the company’s rebound commentary, AI deals, and much more.
Mid-tier IT services company Mphasis has seen a sharp rebound in its banking and financial services (BFS) business and expects this to help it grow above industry levels in FY25, even though analysts have long been skeptical about its prospects. Mphasis CEO Nitin Rakesh told ET Prime the company’s rebound commentary was ahead of peers because of its…
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