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28th August 2021 (5 Topics)

Government launches EASE 4.0 to institutionalize clean and smart banking.

The future of the banking sector lies in increased use of technology to ease service delivery to customers. Discuss. (150 Words)

Approach:

  • In the introduction, provide a brief overview about India’s banking sector.
  • Highlight the reasons that banking has not been able to reach all parts of the country.
  • Enumerate the steps taken by the Government to incorporate technology in the Banking sector. Eg. EASE 4.0
  • Way Forward and Conclusion
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