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If Digital Banking Licences Open Up, Are Legacy Banks in Trouble? Pine Labs CEO Answers | N18S
If digital banking licences open up, Pine Labs CEO Amrish Rau warns, legacy banks could be reduced to “warehouses of money”, while the transaction layer shifts entirely to fintech players. Even as the Indian regulator is yet to green light it, there’s no denying the shift already underway. “3X more transactions are happening on fintech ...
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