Friday, January 28, 2022
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Note to lenders: Anyone who can code well can be a banker



Finance is getting impatient in the digital age. Indians now pay and receive Rs 7.7 lakh core a month via apps running over a shared public utility. In the next few years, nearly 440 million owners of cheaper feature phones will be able to conduct cashless transactions. We are beginning to see the first stirrings of this radical overhaul. For banks in India, a fundamental rethink is required now before it’s too late.



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