According to Statista, Indian banks deployed nearly 30 trillion rupees to the retail sector? It was almost 12% higher than the previous year. The biggest slice of the cake went into the home loans segment with over 15 trillion rupees. Auto loans and credit card receivables were two other divisions with credit values above one
The past few years have seen the rise of remote working and disrupted industries across. But, the Banking Financial Services and Insurance BFSI sector has taken a massive hit because of the pandemic. Moreover, customer expectations keep rising, and new technologies and heavy regulations are the tips of the iceberg for banks and insurance companies