COVID-19 disruption an opportunity for firms to re-invent: UBI MD

Union Bank of India MD Rajkiran Rai G said the current disruptions due to COVID-19 is an opportunity for companies to "re-strategise and re-invent". "See for new geographies to serve, you can launch new products, see for strategic tie-ups wherever possible," he said. Rai added that banking industry will need to innovate and look beyond ways that are usually adopted.