Banks could end up beholden to online platforms with reach

Source: This post is based on the article “Banks could end up beholden to online platforms with reach” published in Livemint on 30th August 2021. Relevance: Disruption in the banking sector by tech giants. Synopsis: Deposit mobilization through Big Tech apps might weaken banks. What has happened? According to a press release, Equitas Small Finance… Continue reading Banks could end up beholden to online platforms with reach