Technology offers enormous potential and opportunities to the Indian Banking sector. Rapid technological diffusion and entry of non-banking entities like fintechs, bigtechs and e-retailers into financial space have left no scope for Indian banks to delay and deny technological innovations. Given...

The set up of a Public Sector Asset Rehabilitation Agency (PARA), in line with Bad Bank for NPA resolution in Indian Banking can also be considered with seriousness. Bad Bank might work as a solution as after detaching the lenders from the toxic assets by transferring those to the new entity,...