Along with the technological advancements, the opening of specialised accounts designed for non-resident Indians further facilitated transfer of money from abroad, i.e., remittances. Thus, in sum, banking affects all of us. Our lives are dependent on the banking sector in one way or another, directly or indirectly.
It is the life-blood of the economy, a contamination of the same can affect any sector or region of the economy. Thus, as employees of the banking system, each one of you is taking up a big responsibility, not only towards the institution for which you are working but also towards the entire society.