"Banks are here to stay, but banking is mutating fast," Reserve Bank Deputy Governor T Rabi Sankar said addressing an event organised by IBA in Mumbai, and added that they ought to adopt fast to the changes being brought about by technological progress.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/fintechs-replacing-banks-a-misconception-cbdc-experience-so-far-comforting-rbi-deputy-guv-t-rabi-sankar/articleshow/95966107.cms
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