Time to keep best credit practices
Appropriate skilling of Banking resources is necessary! NITI Aayog co-hosted a conference on The Future of Indian Banking, with the Foundation for Economic Growth and Welfare (EGROW Foundation). Dr. Rajiv Kumar, Vice Chairman, NITI Aayog, inaugurated the event. The conference aimed to increase and elevate the discourse on the banking sector in India, and help develop insights to inform the continued evolution of the Indian banking sector for optimally supporting the growing credit needs of the Indian economy. Dr. Rajiv Kumar highlighted the tremendous progress made by the banking system in the past four years that provided a strong foundation for a long runway for expanding credit and supporting accelerating growth of India’s economy. He indicated that there was still a lot of work to be done in improving the financial system and furthering reforms in the financial sector. The other key messages from the deliberations included, 1: Technology has become criti