I would say that this is awakening us to the need to always stay on the alert and not bury ourselves in the past when the world outside is changing. I believe that our biggest challenge is how much we can contribute to directing these rapid changes in the global economy.
These banks have had presence in India for nearly 100 years, i.e., even before some of the public sector banks were born. These banks know the Indian economy and are well versed with the Indian culture. We welcome these banks to join and help the growth story of India. 23.