Big Tech's push into India's financial sector raises concerns, says central bank

Big Tech's push into India's financial sector raises concerns, says central bank

3 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/us-india-finance-tech/big-techs-push-into-indias-financial-sector-raises-concerns-says-central-bank-idUSKCN2E80I2

Plans by Big Tech to foray further into India's financial sector pose risks for traditional banks as the tech firms have the potential to become dominant players in financial services, the central bank said.