Speaking at the InFinity Forum, Modi said technology is bringing a big shift in finance, and mobile payment last year exceeded ATM withdrawals. Fully digital banks without any physical branch offices are already a reality and may become commonplace in less than a decade, he said.
source https://economictimes.indiatimes.com/industry/banking/finance/need-to-convert-fintech-initiatives-into-fintech-revolution-pm-modi/articleshow/88065710.cms
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