Axis Bank’s Amitabh Chaudhry Says Fintechs Targeting The Juiciest Part Of Banking Biz

Axis Bank CEO and MD Amitabh Chaudhry said that the fintech industry and the non-banking finance companies (NBFCs) are attacking the most lucrative parts of the banking business. He added that the Reserve Bank of India’s (RBI) attempt to regulate these sectors is a welcome move. While speaking at the fireside chat with Udayan Mukherjee, Global Business Editor, India Today Group at the BT Banking & Economy Summit, Chaudhry said, “When you talk about fintech, they are coming attacking the juiciest parts of our business– where