Indian banking in pink of health but what next?

Banks are caught in their own narrative: credit growth. Soon, one may see bubbles in certain pockets.

cheques, cheque bounce, banking, payments

Tamal Bandyopadhyay
At a recent Mint conclave, retail guru of Indian banking K V Kamath said India’s banking industry is in its best shape in the last 50 years in terms of the quality of assets and quantum of capital.

The former chief of New Development Bank of BRICS countries and ICICI Bank Ltd, who is now the chairman of the National Bank for Financing Infrastructure and Development, said: “In the more than 50 years that I have been in the banking business, I have never seen their balance sheets as clean as today in terms of bad assets and as healthy
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

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First Published: Mar 27 2022 | 11:33 PM IST

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