“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.