India's Best Banks
Banks are up against a multitude of challenges. Retail banking is witnessing some churn thanks to the Reserve Bank of India increasing the risk weightage on unsecured loans. This will mean higher capital adequacy requirements for banks and NBFCs. Besides, banks are also witnessing increasing competition from NBFCs, with big names like Reliance’s Jio Financial, Godrej, Poonawalla and Piramal making rapid strides to fill the credit gap. This year’s BT-KPMG Survey of India’s Best Banks and NBFCs comes to you against this background. In keeping with the growing importance of NBFCs in the financial services space, we have included them this year in the survey. Despite the challenges, these are exciting times for the financial sector, and the winners we profile this year have successfully navigated this unpredictable landscape. To read about these winners, check out the latest issue. On stands now