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SBI: A fintech banker to every Indian May 3, 2021, 11:32 PM IST The author is Chairman, State Bank of India. In January this year, Standard & Poor (S&P) in its report ‘Tech Disruption in Retail Banking’ recognised that digital disruption in India poses a relatively low risk to the market position of its top-tier banks. The report added that, State Bank of India (SBI), among other Indian banks are well-placed to deal with tech disruptions, given their dominant market positions and continued investments in technology. It is the latter part, i.e. sustained investment in technology that has ensured that traditional banks keep pace with the trend and stay relevant in new emerging banking landscape. What is perhaps implicit in the report is that digital disruption will chalk a different trajectory in a market where bank deposits and high level of savings in the form of savings accounts formed a bulk of source of funds. Howeve ....