STUDY OF DIGITAL DISRUPTION IN BANKING SECTOR

Banking & financial sector in India is reshaping rigourously as the technological disruptions are spreading
through Fintech, RegTech, SupTech, Robo-advice & so on. Adoption of Machine learning, Artificial
Intelligence, Distributed Ledger Technologies are bringing paradigm shift in banking sector. RegTech is a
technology to be used for regulatory functions by financial authority say RBI whereas SupTech represents
technology for supporting regulatory supervision functions. Robo-advice is machine-based programme that
helps corporates to predict risk of project in advance & design pro-active & protective measures