The banking sector is the fulcrum of the Indian economy, which is one of the fastest growing in the world. Not only are the banks in India sufficiently capitalized, but they are also well regulated. Credit, market and liquidity risk studies suggest that the banks in India are also resilient enough to withstand external factors. Enhanced spending on infrastructure, speedy implementation of projects and the continuation of reforms are expected to provide further ground for the growth of the banking industry.
‘Resilience and Resurrection’ is the theme of this CII-Deloitte Report. It identifies the key factors – both external and internal – impacting the banking and financial sector in India. Not only has the report prescribed a set of business models which would be suitable in the current scenario, but it has also prescribed how the stakeholders should go about it in the changing market dynamics.
The report was unveiled at the “Banking Colloquium” on 28 September 2018 at Kolkata, West Bengal.