LENDERS TO JOIN HANDS TO DEVELOP DIGITAL BANKING INFRASTRUCTURE

HIGHLIGHTS

• Public sector banks are planning to build and share digital infrastructure.
• Not just software, banks are likely to share the hardware used for setting up the back office and servers.

In response to the rapid digital adoption in the Indian banking sector due to COVID-19 pandemic, Public Sector Banks (PSBs) are planning to set up a company to build and share digital infra....