The GenNext society/economy will essentially be a knowledge society/economy and the challenge is to see how we can facilitate banking in a knowledge economy. There are also going to be challenges of dealing with knowledge workers. In the above perspective, I organize the rest of my presentation under the following sections.
First, in Section 1, I propose to cover the macro setting for GenNext banking by way of discussing the demographic composition of India’s population and the nexus between low dependency ratio and saving. Section 2 provides a projection of Housing and Education Loan requirement in the economy in the next few years.