India is on its way to becoming a creator’s economy from a consumer-based economy, said Dilipkumar Khandelwal, Global CIO Corporate Functions, Deutsche Bank and CEO, Deutsche India

Speaking at the launch of five technology solutions developed by its India-based teams, he remarked, “India is at a very interesting juncture, transitioning into a creator-driven economy.” He added that Deutsche Bank has been heavily investing in technology development over the past five years to build innovative solutions.

“Our technology strategy is built on collaboration across global teams, with each contributing unique expertise and innovation,” Khandelwal noted. “Through skilling programs and university partnerships, we ensure our teams remain at the forefront of technology, delivering impactful solutions for both the bank and our clients.”

As part of its technological advancements, Deutsche Bank partnered with Google for its cloud journey five years ago. Bernd Leukert, Chief Technology, Data, and Innovation Officer at Deutsche Bank, elaborated on this collaboration, stating that it began as a learning experience, with bank employees working closely with Google engineers.

“Today, we have more than 260 applications in productive use, with close to 500 in various stages of development,” he said.