Technology has emerged as a revolutionary innovation with the potential to transform the banking industry. By enabling decentralized, secure and transparent transactions, blockchain reduces fraud, enhances efficiency and lowers operational costs. This article explores the role of blockchain in banking covering its applications in payments, remittances, smart contracts, identity verifications, and compliances. A review of existing literature highlights the benefits, challenges of blockchain adoption. blockchain can truly revolutionize India’s financial sector. it may be seen very well that market is overwhelmed by a gathering of huge organizations uncommon in the tech area, where - Amazon, Google, Apple etc. overwhelm. Along these lines, if any new start-up needs to utilize the blockchain in their plan of action, they can do so easily and without any problem. The findings suggest that blockchain offers significant advantages, regulatory and technological barriers must be addressed for widespread implementation. This article aims to analyze how blockchain reshaping banking operations, its benefits, challenges, future prospects, enhance security and foster financial inclusion
K H Gurumurthy (Fri,) studied this question.