He said once the limit of digital wallets increases and if the currency gets digitalised with a much more direct relationship between the currency issuer the Reserve Bank of India (RBI) and the people, the banks will formally get squeezed out of the payments space.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-need-to-adopt-digitisation-or-else-they-will-perish-ex-finance-secretary-sc-garg/articleshow/82313881.cms
No comments:
Post a Comment