Are non-performing assets (NPAs) the biggest challenge for the Indian banking system at present? Or is there too much stress on ‘recognition’ of NPAs rather than recovery? State Bank of India (SBI) Chairman Rajnish Kumar agrees NPAs are a key challenge but he is also worried about data security in an increasingly digitising banking payments system. There were many issues that came to the fore as the stalwarts of the banking industry put their minds together at the Business Standard Banking Round Table 2017 and discussed the future of banking and payments system in India.
One key sector that emerged
