As the WEF debates ways to master the fourth industrial revolution, top banker Chanda Kochhar today said financial sector has rapidly adopted the new technology and ICICI bank is targeting total transactions worth Rs 80,000 crore through mobile banking by the end of this fiscal. The WEF Annual Meeting this year has the theme 'Mastering the Fourth Industrial Revolution' and the business as well as government leaders from across the globe here are discussing benefits and risks posed by this phenomenon to the state of the world. While there have been concerns about possible loss of jobs, the leaders are also unanimous in their opinion on the huge digital dividend that the new technology presents to the humankind and the economy. Kochhar, Managing Director and CEO of India's top lender ICICI Bank, said the financial sector is among the few ones that has rapidly adopted new technology and continues to innovate. "Technology has transformed the financial sector in terms of their interaction with customers, reducing the dependence on branches and providing the convenience of anytime access to banking, a win-win for both banks and customers," Kochhar told PTI in an interview here.
Read more at: ICICI Bank eyes Rs 80,000 cr mobile banking transactions by Mar - Moneycontrol.com
Read more at: ICICI Bank eyes Rs 80,000 cr mobile banking transactions by Mar - Moneycontrol.com
