Speeches - Regulating Commercial Banking - RBI - Reserve Bank of India
Speeches
Thank you to organizers of Indian Banks’ Association for inviting me today. To all the Award winners, congratulations on your stellar achievements and the innovative spirit you have shown to be today’s worthy recipients. Technology, “Fin Tech” as you say, is taking banking and intermediation into unchartered territories. I have yet to fathom the full import of these sweeping changes. In the meantime, my subject matter today will be more prosaic and somewhat sobering.
Thank you to organizers of Indian Banks’ Association for inviting me today. To all the Award winners, congratulations on your stellar achievements and the innovative spirit you have shown to be today’s worthy recipients. Technology, “Fin Tech” as you say, is taking banking and intermediation into unchartered territories. I have yet to fathom the full import of these sweeping changes. In the meantime, my subject matter today will be more prosaic and somewhat sobering.
“Banking is necessary, but banks are not”, I am quoting here Bill Gates, what he said as Chairman, Microsoft, way back in 1994. Today, after twenty two years, has his prediction or forewarning come true? I intend to explore this in today’s discussion with you. 2. It is usual for many of us who lecture others to say ‘We are at cross roads’, ‘The Paradigm shifts that are staring us’ etc. That’s because it takes time to discern the trends that are taking place in any sec
“Banking is necessary, but banks are not”, I am quoting here Bill Gates, what he said as Chairman, Microsoft, way back in 1994. Today, after twenty two years, has his prediction or forewarning come true? I intend to explore this in today’s discussion with you. 2. It is usual for many of us who lecture others to say ‘We are at cross roads’, ‘The Paradigm shifts that are staring us’ etc. That’s because it takes time to discern the trends that are taking place in any sec
Page Last Updated on: October 18, 2024