RBI Guv speech puts spotlight on Fintech and big Tech. Here’s what it means

Reserve Bank of India Governor Shaktikanta Das on Monday said banks need to make the most of the technological advances in the payments and lending space to compete with FinTechs and BigTechs. The benefits of the coming together of new-age technology and traditional banking methodology will be a win-win situation for the financial ecosystem and offer more options to the customer. How will this happen? Mint's Shreya Nandi decodes.