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Physical banks will perish in the next 5

"You will see the death of physical banks in the next 5-6 years, because the cost (to operate them) will be so enormous,” Kant said.Moneycontrol NewsA man know for not mincing his words, Niti Aayog CEO Amitabh Kant believes that physical banks will perish in the next 5-6 years. Asserting that India is progressing fast to become a digital payments economy, Kant said: “You will see the death of physical banks in the next 5-6 years, because the cost (to operate them) will be so enormous.”He was speaking at the second IAMAI FintechX conference held in Delhi where industry leaders deliberated...

Physical banks will perish in the next 5
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