Banks' low profitability, weak asset quality pose difficulty in boosting digitisation: S&P

In its report titled 'Tech Disruption in retail banking: Top tier banks lead the change', S&P said India's digital disruption, however, poses a relatively low risk to its top-tier banks' longstanding market position.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-low-profitability-weak-asset-quality-pose-difficulty-in-boosting-digitisation-sp/articleshow/80330448.cms