As they come through the pandemic, India’s large public sector banks are completing mergers with smaller banks, while both public and private sector banks are expanding their digital offerings.

India’s banks have continued to evolve during the Covid-19 crisis, leading to hopes of a quick bounceback. 

As India grapples with a brutal second wave of Covid-19, its economy is holding up. 

One of the Indian central bank’s priorities should be to ensure private and public banks operate on a level playing field.

The latest data on India’s banking sector challenges the view that loans to disadvantaged sections of society are more risky.

An open banking-type initiative could drive wider access to financial services across the country.

The government’s plan to address crippling rates of non-performing loans in the sector follows a raft of reforms over past half decade.

Infosys chairman Nandan Nilekani on Aadhaar, India’s biometric identity scheme, which has issued more than a billion digital identities.

The country’s banks entered the pandemic in poor shape, and the central bank has warned the NPL ratio could exceed 13% this year.

A huge unbanked population and high mobile penetration offers vast opportunities in fintech.