The study output of Delloite brought into public in the year 2017 still proves relevant to Indian banking system. The problems of banking system in India due to various reasons still remains the same. The bank users are increasing day by day in India and banks often complain about being overloaded. The technocrats and experts from the banking sector also agrees to these issues what Delloite and its study output stated. According to the Delloite, the model of the current banking system can be shown as below:-

Source: delloite.com

However, if blockchain is introduced and utilized, the availability of services would be formulated in this sector in general and integration of new users with consensus and gratification would be achieved.

Source: delloite.com

The use of blockchain is suitable to enhance the services at various levels and minimize the dependency on factors such as Intermediary, Manual Processing , Information Storage, Transparency, Documentation and Time Sensitivity.