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Hidden Treasure: How Data Can Turn the Fortunes for Indian Banks

The banking industry has not fully captured the power of the data that it has (their hidden treasure), but with the growth of advanced digital and data platforms in India, banks need to embrace a paradigm shift, which will help them turn their fortunes. This report is prepared by The Boston Consulting Group in association with Federation of Indian Chambers of Commerce and Industry (FICCI), Indian Banks' Association (IBA) and credit insights partner TransUnion CIBIL.