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BS Banking Annual 2019: 'Conventional, digital banking will co-exist'

'The divide between rural and urban is slowly reducing and it's largely owing to the way telecom has improved across the country'

From left: InfrasoftTech MD & CEO Rajesh Mirjankar, PwC India Partner Vivek Belgavi, ICICI Bank Business Technology Group Head V V Balaji, IndusInd Bank CIO Biswabrata Chakravorty, and Ujjivan SFB MD Nitin Chugh at the Business Standard Banking Techn
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From left: InfrasoftTech MD & CEO Rajesh Mirjankar, PwC India Partner Vivek Belgavi, ICICI Bank Business Technology Group Head V V Balaji, IndusInd Bank CIO Biswabrata Chakravorty, and Ujjivan SFB MD Nitin Chugh at the Business Standard Banking Techn

Business Standard
Will the technology teams run banks in the future? 

Nitin Chugh: In times to come, tech skills are going to be in demand — at least people who understand tech, people who have appreciation for tech, and more importantly, people who can make sense of tech. So, those skills, I would imagine, are required at all leadership levels, not just at the chief executive officer level. 

Vivek Belgavi: Banking as it exists today has two main functions. One is the core product — manufacturing, which is underwriting, the core skill of a banker, and that will remain as long as the industry