Investment / Daily Excelsior
Sir, The emergence of Fintech companies has introduced innovative technologies, challenging traditional banking models. While posing a threat, Fintech also presents a tremendous opportunity for banks to evolve and stay competitive in the digital era. The data on UPI transactions and the broad spectrum of Fintech services underscore the urgency for banks to embrace this revolution. Adapting to Fintech solutions will not only ensure survival but also open doors to increased efficiency, cost reduct
MUMBAI, Apr 1 : Prime Minister Narendra Modi on Monday said there is a need to study newer banking structure with the evolving changes in the financial industrys landscape. Speaking at the inauguration event for the commemoration of 90 years of the Reserve bank of India (RBI) here, Modi said there may be a requirement for newer ways of financing, operating and business models in the changing landscape. The PM said the banking industry needs to move forward to ensure [] The post Modi pitches for