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In today’s competitive world technology is the dynamic force behind every industry. The banking sector is not an exception. Foreign Banks has pioneered technology adoption in Indian Financial Reporting sector. They have inspired domestic private sector banks to adopt the technology-driven environment. In this article know about New Technology Adopted by Indian Financial Institution.
Adoption of technology has made easy computerization of branches as well as automation of operations to reduce the manual effort which represents significant examples of technology adoption in India
The adoption of electronic breakers rule which is also termed as new age banking has provided the Indian Financial sector with lots of benefits as follows:
These services have reduced the need to personally visit the bank branched and carry out the transactions manually. After adoption of technology-driven environment by the Banking sector now following service sectors are also focusing towards adoption of dynamic technology-driven environment
Read our article:Impact of Financial Technology Companies on Indian Economy
Experienced Finance and Legal Professional with 12+ Years of Experience in Legal, Finance, Fintech, Blockchain, and Revenue Management.
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