It is indeed a matter of great pleasure for me to be here today amidst the business and financial sector leaders. My compliments go to the partners, namely, the Indian Banks’ Association, FICCI and the Boston Consulting Group for...
The last few years have been testing times for Indian banks as they have grappled with deteriorating asset quality leading to higher provisioning requirements, declining profitability and weak capital position. However, the banking system, nearly 50 years after it...
When access to resources is limited, human beings around the world have been known to automatically conserve, re-use and value whatever they have to make money last longer. This native behavior falls by the wayside as affluence seeps into...
Emerging technologies such as Internet of Things (IoT) are shaping our lives and disrupting the traditional businesses at an unprecedented rate of change. Enabled by exponential increase in computing power and availability of large amount of data, machines are...
The Indian population currently stands at 1.3 billion and is likely to rise to 1.7 billion by 2050. With the growing population, India will not only have to raise its agricultural production, but also the productivity to ensure its...
Finance The major challenge MSMEs face is of finance. In Budget 2019-20, the government has injected Rs 70,000 crore into the banking system. That should help ease MSME finance. Second, they have strengthened the NBFCs which is important as...