Establishment of digital banking units: Adoption of digital strategy to boost the Indian banking industry and economy

India needs to push the envelope; it is one of the largest markets for digital consumers and mobile telephony in the country is amongst the most inexpensive in the world.

India has stolen a march on the rest of the world in digital payments. For Indian banking, the next logical step entails setting up of digital banking units, in line with the government’s objective of financial inclusion and a fundamental transformation of the nation’s economy, with digitalization as an enabler.

Original Source: https://www.resurgentindia.com/
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Categories
Banking · Finance · Services
Last Updated
May 4, 2022
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