Most OPBs are investing in technology to attract young customers. According to analysts, they invest Rs 100-250 crore every year on modernisation. Still, at a functional level, they have not been able to reach the levels of an HDFC Bank or ICICI Bank. But tech systems of some of them are better.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/a-few-old-private-sector-banks-may-look-like-convenient-acquisition-targets-but-that-may-not-be-easy/articleshow/91217979.cms
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