Banking forms the backbone of any country’s economy. With the increasing use of technology and rapid digitization, the financial backbone has undergone a tremendous change, which is believed to be largely for the good.

In today’s episode of TBCY, we have with us Mr. Atul Bhatnagar, board advisor and a former banker who delves deep into the topic. He compares his time in the banking sector with the current environment.

Atul speaks about how mobile phones are revolutionizing the way business is done at the retail level in our country. The high speed of executing things like opening a bank account in just five minutes or approving the bank loan in 59 minutes has given easy funding options to a number of small start-ups across the country. He compares today’s generation to speedboats that have the ability to move fast.

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