On the 2024 bank board agenda
On the 2024 bank board agenda
On the 2024 bank board agenda
As we enter 2024, Indian banks stand on a solid foundation compared to their global counterparts, boasting ample capital, robust earnings1. Stable interest rates, robust GDP, and declining inflation are expected to positively impact banking business. The interconnectedness between the banking and the Non-Banking Financial Companies (NBFCs) remains a matter of regulatory focus and exposure management. The Indian financial sector is also witnessing significant innovation and transformation such as Central Bank Digital Currency (CBDC), payment infrastructure, regulatory sandbox, etc.
In a highly interconnected world, global economic volatility, geo-political tensions, technology and business model disruption, elevated cyber security risks, climate risks, societal polarisation, third party risks, etc. continue to remain areas of concerns and requires a very close attention. The growing prominence of artificial intelligence opens new opportunities while creating different risks / concerns.
As we enter 2024, Indian banks stand on a solid foundation compared to their global counterparts, boasting ample capital, robust earnings1. Stable interest rates, robust GDP, and declining inflation are expected to positively impact banking business. The interconnectedness between the banking and the Non-Banking Financial Companies (NBFCs) remains a matter of regulatory focus and exposure management. The Indian financial sector is also witnessing significant innovation and transformation such as Central Bank Digital Currency (CBDC), payment infrastructure, regulatory sandbox, etc.
In a highly interconnected world, global economic volatility, geo-political tensions, technology and business model disruption, elevated cyber security risks, climate risks, societal polarisation, third party risks, etc. continue to remain areas of concerns and requires a very close attention. The growing prominence of artificial intelligence opens new opportunities while creating different risks / concerns.
As we enter 2024, Indian banks stand on a solid foundation compared to their global counterparts, boasting ample capital, robust earnings1. Stable interest rates, robust GDP, and declining inflation are expected to positively impact banking business. The interconnectedness between the banking and the Non-Banking Financial Companies (NBFCs) remains a matter of regulatory focus and exposure management. The Indian financial sector is also witnessing significant innovation and transformation such as Central Bank Digital Currency (CBDC), payment infrastructure, regulatory sandbox, etc.