In the gold rush, people selling shovels made more money than the gold diggers.

similarly, people providing IT solutions and backup mintainance will make more money than the banks itself.

Consider Aurionpro.

http://www.aurionpro.com/services/enterprise/mobile/payments

Open the link for more details on their expertise and client list.

1) I think, what Heritage is to Andhra/Telangana, Nandini is to Karnataka. Primarily, Heritage & Nandini are milk sellers (various types, UHT, non-fat, full-fat etc.) and of course they do value add sales as well like Ghee, curd. However, brands like Durga are niche Ghee sellers and are identified by customers as such (in future may be Paneer and curd as well by Durga). For example, Heritage has a very good brand recall in United Andhra (very famous Chandrababu Naidu's company!!!) but for Ghee, people generally opt for Durga (niche). High volume milk sellers may not concentrate so much on niche products. Having said this, it remains to be seen how Durga is received by Karnataka people. As per annual report, the initial response is good. If it gets real good reception in Karnataka, this state alone could provide huge revenues. The company need not think of other states at all!

2) Good that free sales were done as this could provide recurring sales . Once used to Ghee in food, people cannot go back as the taste is so much better.

3) Price increase smoothening out could be due to agreements with Heritage etc. for supply of milk at specified rates and quantities?

Disc - invested in Virat (Durga).

Interesting talk by Nandan Nilekani on this disruption topic.

Thanks Abhishek for summarizing the disrupting changes in Banking industry. There will many PSU banks which will go MTNL way. However, the larger banks like SBI will survive although they will keep losing the market share.

The real benefit of IT revolution seems to be coming now. Banking, Energy, Automobile are on the cusp of a major change and this time changes will be much faster. I even hope that the drug discovery cycle will be shortened and we will see new medicines finding cures for diseases who do not have any cure right now.

Any way to play this theme (payment banks) in the listed space?

1) Airtel
2) AB nuvo

Airtel is messed up with high foreign debt and African fiasco. Does AB nuvo + idea network offer a opportunity? Its not clear if idea is involved or benifit from this license.