BTS | BT Best Banks: Inside India’s Banking Transformation

In this edition of Business Today magazine, we delve into the India’s banking sector which is entering a decisive new phase as the RBI opens the doors wider to global financial giants. With foreign players taking strategic stakes in Indian banks and NBFCs, the message is clear - scale, capital and global competitiveness are now priorities. The government wants bigger banks capable of supporting India’s ambitious $7–10 trillion GDP target. At a time when NPAs are at multi-year lows and capital buffers are strong, lending norms are being eased to spur corporate credit growth. But concerns remain - could aggressive expansion and consolidation create institutions that are “too big to fail”? As reforms reshape the financial landscape, the big question is: Can Indian banks balance faster growth with prudent risk management in this new era?