8/8/2024, 12:59:03 pm

Computer-ji, you are asking too many questions

Banks are increasingly going digital and nudging customers to open accounts or apply for loans online. But the account opening process isn’t as quick as you would think, a survey by global analytics firm FICO (Fair Isaac Corporation) shows. In India, more than half of the consumers (53 percent) shun opening a personal bank account, if identity checks are too choppy.