Are banks innovating purely for short-term gain?
That is the question causing consternation amongst financial institutions, with some industry experts suggesting they are afraid of disruptive innovation, which could "cannibalise" their business.
ING Vysya Bank Ltd is a premier private sector bank with retail, private and wholesale banking platforms that serve over two million … read more
ING Vysya Bank Ltd is a premier private sector bank with retail, private and wholesale banking platforms that serve over two million customers. With over 80 years of history in India and leveraging ING’s global financial expertise, the bank offers a broad range of innovative and established products and services. The Bank, which has close to 10,000 employees, is also listed in Bombay Stock Exchange Limited and National Stock Exchange of India Limited. ING Vysya Bank was ranked among top 5 Most Trusted Brands among private sector banks in India in the Economic Times Brand Equity – Neilsen survey 2011.
That is the question causing consternation amongst financial institutions, with some industry experts suggesting they are afraid of disruptive innovation, which could "cannibalise" their business.