Every team in BFSI has an AI pilot but almost nothing in production

Most technology leaders in Indian BFSI approved the budgets, sat through the demos, and watched the pilots deliver. The numbers were good. The room was pleased. And somewhere between that room and production, the work stopped moving. Not because the technology failed. Not because the team lost interest. But because five things were never scoped during the pilot, and all five arrived as surprises after it succeeded. The data was never ready for production The pilot ran on clean data. Someone spent weeks preparing it - pulling records, fixing gaps, making it consistent. Production means live data from a core banking system that has been running for years. Duplicate records. Missing fields. Customer profiles split across systems that were never meant to talk to each other. Reconciling that data was always going to take time. It just was not on the plan. That work is still sitting in someone's backlog right now. The model has not cleared model risk management Any model that touches a credi