What do you see recent developments in banking industry?

Question

Accepted Answer

Recent developments in the banking industry include digital banking, fintech partnerships, and increased focus on cybersecurity.

Digital banking has become more prevalent, with customers being able to perform transactions and access services online or through mobile apps.
Fintech partnerships have emerged, where traditional banks collaborate with technology companies to offer innovative financial products and services.
There is a growing emphasis on cybersecurity to protect customer data and prevent fraud, as cyber threats become more sophisticated.
Open banking initiatives have been introduced in some countries, allowing customers to share their financial data securely with third-party providers.
Artificial intelligence and machine learning are being used to improve customer experience, automate processes, and detect fraudulent activities.

Accepted Answer

interest rate spreads, and regulatory and policy changes, debit and credit cards, increase NPA

Accepted Answer

Private banks have been deployed every where, new NBFCs are invading in market. This is because one and few banks are not being able to meet financial services of todays generation. But india has potential to be developed nation like developed countries. There are need and huge cope for financial service companies in india.

Accepted Answer

Private banks have been deployed every where, new NBFCs are invading in market. This is because one and few banks are not being able to meet financial services of todays generation. But india has potential to be developed nation like developed countries. There are need and huge cope for financial service companies in india.

What do you see recent developments in banking industry?

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