Key drivers for propelling Indian banking sector  A recent IBA-FICCI-BCG report, titled "Being five-star in productivity-Roadmap for excellence in Indian banking" has projected that the domestic banking industry is set for an exponential growth in the coming years with its asset size poised to touch USD 28,500 billion by the turn of the 2025 from the current asset size of USD 1,350 billion (2010).
It is fairly obvious to presume that scope for such growth rates would inevitably usher in more competition for the Indian banks aided in part by regulatory impulses and increased openness of the Indian economy. Simultaneously, the reach and penetration of banking is going to increase tremendously due to the policy spotlight on inclusive growth and financial inclusion.