Central Banks Digital Currency (CBDC) – Inevitable Banking Disruption Round the Corner

Digital Technology has been driving innovation and disruption in the banking sector and there is a perceivable shift in the way we experience banking today. New products (Paytm - wallets), services (payments - UPI), experience (swipe banking – app based) is made possible by new entrants, fintechs leveraging existing backbone and networks of the banks.

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