(c)  What were the failings of technology model in the past? Should the entire banking system have gone in for standardization in critical areas? Today, there is no standardization even of account numbering convention or a common identifier for different types of payments. Are these proving to be hurdles for smooth migration to next level of technology deployment?
(d)  Is sharing of infrastructure here to stay or is the financial sector special, throwing up the issues of security and confidentiality of customer data? What are its implications on the costs? These issues lead me to the related big question flagged for discussion at this Conclave.