In the context of increasing need for financial stability and the tighter capital requirement regime, banks have to improve their soundness through efficient management of asset quality, better risk management practices & augmentation of their liquidity and capital buffers.
Banks also need to tap each and every opportunity for improving their bottom-line by expanding their business including Government banking business under the emerging models and thereby augmenting their profitability and customer base. It is heartening to note the findings of a recent survey conducted by Gallup revealed that nearly 70 per cent of the respondents reposed faith in the Indian banking system.