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#BestBankingSummit2025

Автор: Business Today

Загружено: 2025-02-23

Просмотров: 925

Описание: Sunil Mehta, Chairman of PSB Alliance, shared his insights at the Business Today Banking & Economy Summit and Best Banks Awards, discussing the future of public sector banks in India. He highlighted the sector's remarkable transformation—from manual banking to computerisation, core banking, and now digital banking. With India's financial infrastructure leading the world in digital payments, UPI has revolutionised transactions, ensuring last-mile connectivity and financial inclusion.

Looking ahead to 2047, when India aims to be a $10 trillion economy, Sunil Mehta emphasised the need for continuous transformation in banking. While payments have already gone digital, the next frontier is lending. To achieve true financial inclusion, banks must digitise credit processes, especially in semi-urban and rural areas, expanding financial access to millions more.

With PSU banks collaborating with the private sector and embracing cutting-edge digital solutions, the future of Indian banking looks agile and adaptive. Will digital lending be the next big revolution in banking? Stay tuned for more expert insights from the Business Today Banking & Economy Summit.

📢 #PSUBanks #DigitalBanking #UPI #BankingRevolution #BusinessTodaySummit #SunilMehta #FinancialInclusion
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About the channel
Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others.

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