India 2016: New payment banks, small finance lenders to dot banking landscape

India 2016: New payment banks, small finance lenders to dot banking landscape

Disruption. That’s the one word that describes what will happen in the banking sector in 2016 and beyond. The sector should start to see the roll-out of differentiated banking models like payments banks and small finance banks. In addition, existing banks are all trying to catch up with changing financial technology trends to stay relevant.

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