In 2021, cloud will power vital infrastructure for India’s banking and payments sector, enabling agility, improved remote collaboration and faster application development and deployment.
Experts in Jammu and Kashmir say since the RBI is currently struggling with larger issues of economic slowdown, they seem to have put the appointments at J&K Bank on a back burner.
Customers now expect banks to maximize digital interactions and come up with digital alternatives for their day-to-day banking needs as they are now more open to trying out a new app than they were before the COVID-19 pandemic.