STUDY OF DIGITAL DISRUPTION IN BANKING SECTOR

Abstract

Banking &amp; financial sector in India is reshaping rigourously as the technological disruptions are spreading<br> through Fintech, RegTech, SupTech, Robo-advice &amp; so on. Adoption of Machine learning, Artificial<br> Intelligence, Distributed Ledger Technologies are bringing paradigm shift in banking sector. RegTech is a<br> technology to be used for regulatory functions by financial authority say RBI whereas SupTech represents<br> technology for supporting regulatory supervision functions. Robo-advice is machine-based programme that<br> helps corporates to predict risk of project in advance &amp; design pro-active &amp; protective measures