The euro area is drawing up a roadmap to complete EMU based on four key pillars: financial market union, fiscal union, economic union and political union. On financial market union, progress is already being made with the agreement to establish a single supervisory for euro area banks.
Credit must be given to Indian Banks who have brought on the new wave of techno-banking in the country. In a short span of less than two decades, customers of banks have felt the positive impact of technological solutions implemented by banks.