Technology has helped banks to reach the doorsteps of the customer by overcoming the limitations on geographical/ physical reach in branch banking and easing the resource and volume constraints posed by the brick and mortar model. All the stakeholders have benefitted from the expansion of delivery channels, product innovation and efficiency enhancement which have been facilitated by technology adoption.
There are, for instance, projects on the impact of monetary policy on income distribution, on the importance of residential property for retirement saving or on measuring poverty and consumption. So it is probably fair to say that the Panel on Household Finance is one example where the demand for deeper analysis is already producing new statistics and important insights.