India needs bigger, more global-scale banks for 2047 goal: Banking leaders | BFSI Summit 2025
Автор: Business Standard
Загружено: 2025-10-29
Просмотров: 24247
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India needs more globally-competitive banks with strong financial foundations, skilled talent, and advanced technology to finance large-scale projects, create jobs, and support the vision of Viksit Bharat 2047, said banking sector leaders at Business Standard BFSI Insight Summit 2025 on Wednesday.
In a conversation with Business Standard, State Bank of India MD Ashwini Tewari, Union Bank of India MD & CEO Asheesh Pandey, Bank of India MD & CEO Rajneesh Karnatak, and Bank of Baroda MD & CEO Debadatta Chand made a compelling case for creating larger, globally competitive banks.
They said that large banks play a pivotal role in ensuring the stability and growth of the global economy, leveraging their resources and expertise to absorb shocks, manage risks effectively, and maintain financial system resilience.
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