As more and more banking-related processes are getting digitalised, Fintech is projected to become the future of the Indian banking sector and payments infrastructure.
The State Bank of India is just one example of how the fintech sector offers significant growth potential and business opportunities, says its managing director Ashwani Bhatia.
#DigitalBankingUnit will enable customers to have cost effective/convenient access & enhanced digital experience of products & services in an efficient, paperless, secured & connected environment with most services being available in self-service mode any time, all year round. https://t.co/40mlZKTPXj
— NSitharamanOffice (@nsitharamanoffc) October 16, 2022
Currently, the SBI uses technology to carry out 91% of its activities.Bhatia said that the same thing would have been unthinkable some 35 years ago.
