This is expected to facilitate quicker branch expansion in unbanked rural centres. 22. Along with increasing brick and mortar presence through branch expansion, RBI has also encouraged banks to adopt other branchless modes such as BC outlets, other modes such as Kiosks, off-site Rural ATMs, mobile vans, etc. so as to resolve the last mile connectivity issues. Enlarging the universe of BC’s 23.
As we prepare ourselves with the data governance seminar this morning, let me start with some food for thought: It used to be that the problem of society is not having enough data and computing power. Today, what we are facing is clearly an abundance of data and almost unlimited computing power.