Big Tech's push into India's financial sector raises concerns, says central bank
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.
Big Tech's push into India's financial sector raises concerns, says central bank
Jul 2, 2021, 7:22am UTC
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.