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.
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