These banks may better be Payments Banks and undertake that activity in full vigour and generate value for its stakeholders. 27. Likewise, there may be opportunities for some other PSBs to be wholesale / infrastructure banks, about which the Reserve Bank in the recent Monetary Policy Statement expressed its intention to usher in such differentiated banks in the coming times. 28.
The advantage of being a differentiated bank is that its capital can be conserved and put to its best use. It can leverage its core strength, in a focussed manner. Conclusion 29. Let me conclude by saying that there is tremendous scope for consolidation among PSBs.