Whalesbook
The Indian banking sector's stability is being weighed against the ambition for globally scaled banks. While some argue larger banks are crucial for funding India's economic growth to $7.3 trillion by 2030, others point to weak industrial credit demand, the rise of non-bank financing, and the effective role of specialized institutions like NaBFID in infrastructure. The debate questions if creating massive banks is necessary or feasible amidst existing challenges and global giants.