What are the disadvantages of core banking?

One of the disadvantages of core banking is there is very heavy reliance on technology, hence protecting the sensitive data is very crucial. You can read about The Reserve Bank of India: Functions and Composition in the given link.

Further readings:

  1. Non Performing Assets (NPA) – Facts for UPSC GS-III
  2. Monetary Policy – Objectives, Roles and Instruments

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