Banking: New Frontiers

Vasant Chintaman Joshi () and Lalitagauri Kulkarni ()
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Lalitagauri Kulkarni: Gokhale Institute of Politics and Economics

Chapter Chapter 5 in The Future of Indian Banking, 2022, pp 51-58 from Springer

Abstract: Abstract We begin by highlighting several challenges banks will face as the core of their business. The customers are shifting online purchasing (credit/debit cards). The footfall at branches is reduced considerably. The need is necessary changes on a very broad front. The needs and responses can be assessed only through data analysis, AI applications and such. There is no need for every bank in the public sector to reinvent the wheel. There should be ONE well-staffed research center for the PSUs.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-9562-9_5

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DOI: 10.1007/978-981-16-9562-9_5

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