The Evolution of Banking With Technology

At IDFC, with technology as their core DNA, startups can find the help they lack in banking and focus on other domains.

learn more about Samiksha Jain

By Samiksha Jain

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

"Banks are no more those old banks you know where you deposit money, issue cheques or take working capital requirements," said Bipin Kaul, Zonal Head for IDFC Bank. With the advent of technology, banks are upgrading their technology and approach towards the customer. Banking as a sector not only disrupting the FinTech industry, but it is also trying to look for solutions and address these solutions with technology. At IDFC, with technology as their core DNA, startups can find the help they lack in banking and focus on other domains. IDFC Bank in a short period have made a mark in providing high-end technology solutions to its customers.

Entrepreneur India caught up with Kaul during Entrepreneur India 2016 show where he shares some interesting insights of Banking industry and how IDFC bank is helping entrepreneurs and SME.

Samiksha Jain

Former Staff, Entrepreneur.com

Related Topics

Living

21 Productive Things to Do During Your Commute

How to use this frustrating "wasted time" to get smarter, more focused and re-energized.

News and Trends

Sukino Healthcare Solutions Raises INR 50 Crore In Series-A Funding

The company plans to deploy the fresh fund into expansion to newer geographies and newer areas of rehabilitation using technology and the best of business processes that it has mastered over the years

Entrepreneurs

This Unique Social Startup Helps in Offsetting Carbon Footprint

Verdoo, a free online tool, helps consumers fight climate change through online shopping

Starting a Business

The Delivery Wonderboys

Aadit Palicha and Kaivalya Vohra, 20, Co-founders, Zepto