News digest: Bank branch additions, Sebi on MCX insider trading, and more

Arun Jaitley said that structural changes brought in by measures such as GST had created a "hiatus" in the economy

Branch additions drop as Modi govt's digital push changes banking sector

The government’s digital push, the rising use of technology in back-end processes, and the growing market for financial technology products have changed the banking landscape.

The Reserve Bank of India’s (RBI’s) May 2017 guidelines shifted the focus from branches to banking outlets, which include banking correspondents along with branches. The revised guidelines work well with the banking sector’s tilt towards partnerships.

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After 'hiatus', Arun Jaitley sees green shoots of economic recovery

Finance Minister Arun Jaitley said on Saturday that structural changes brought in by measures such as