Private banks have been progressively grabbing larger shares of the banking business even as nimble-footed fintechs are posing a fresh threat to government-owned banks.
But with the government tiptoeing around the problem with untenable solutions, Indian public sector banking could be headed the way of its counterparts in telecom and aviation. T N Ninan explains why here
Here is a selection of other views today:
The third volume of the late Pranab Mukherjee’s memoirs is notable for his changing mood, tenor and reserve with truth-telling, writes Shekhar Gupta. Read it here
Two parties are growing organically without engineering splits or defections – the Shiv Sena and the All India Majlis e Ittehadul Muslimeen (AIMIM). Aditi Phadnis traces their progress here
Sandeep Goyal describes the Japanese business custom of aisatsu-mawari an exquisitely polite way of honouring clients in the new year. Read it here
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