FICCI@100 : 719 days to go
Become a Member Members Zone Employee Zone

Banking

Sector header

A robust and thriving banking sector acts as a catalyst for growth and is a key platform for financial intermediation in the economy. The Indian banking sector has grown over the years and played a critical role in supporting productive investments as well as meeting the social banking goals set by the government from time to time. In the last few years, the banking sector has seen a major transformation given the 4R approach [recognition, recapitalization, resolution, and reform] of the government to comprehensively address the challenges being faced by the banks.



A robust and thriving banking sector acts as a catalyst for growth and is a key platform for financial intermediation in the economy. The Indian banking sector has grown over the years and played a critical role in supporting productive investments as well as meeting the social banking goals set by the government from time to time. In the last few years, the banking sector has seen a major transformation given the 4R approach [recognition, recapitalization, resolution, and reform] of the government to comprehensively address the challenges being faced by the banks.

The Indian banking sector is now at the cusp of a major growth cycle and members are focusing on brining in the necessary changes to transform themselves into ‘banks of the future’. In this context, there are multiple areas that require attention and FICCI through its National Committee on Banking is working on these areas that include digital banking, AI applications in the banking sector, data protection and privacy regulations and impact on banking sector, ESG for the banking sector, review of the PSL guidelines, stressed assets resolution mechanism.

Working through partnerships both with NBFCs and Fintechs is also high on the agenda of the Indian banking sector, and this is another area of focus of the FICCI National Committee on Banking.

Banks will have to play a very constructive role as India aspires to be the leading economy in future. A strengthened banking sector has the potential to contribute directly and indirectly to GDP, increase job creation and enhance median income. Technology interventions to strengthen the quality and quantity of credit flow to the priority sector will be important aspect. The need for sustainable finance / green financing is also gaining importance. The banking of future will require different skill sets and the adequately skilled human resource in the banking sector will have to be managed.

Team Leader

Anshuman Khanna

Deputy Secretary General
2024
Dec
Event
FICCI Events:

Workshop on Mainstreaming Nature and Climate-related Risks for the Finance Sector

Explore
Sep
Study
FICCI Study:Banking for a Viksit Bharat

Banking for a Viksit Bharat

Explore
Event
FICCI Events:

FIBAC 2024

Explore
Jun
Press Release

Encouraged by RBI’s outlook on growth in FY25: FICCI President Dr Anish Shah

Mar
Press Release

Health of Indian banking sector continues to improve with better asset quality, high credit growth: FICCI-IBA Bankers’ Survey

2023
Nov
Event
FICCI Events:

FIBAC 2023

Explore
Study
FICCI Study:Winning in Uncertain Times

Winning in Uncertain Times

Explore
Oct
Press Release

Inflation needs to be monitored closely while supporting growth, correction in prices over near term looks probable: FICCI

Aug
Press Release

RBI has adopted a balanced approach by status quo on policy rate: FICCI

Jul
Policy

FICCI Bank - Fintech Partnership Taskforce White Paper

Explore
Apr
Event
FICCI Events:

Leasing Finance Sub Committee Meeting

Explore
Press Release

RBI's pause in policy repo rate is a welcome move: FICCI

Feb
Press Release

Repo rate hike is in line with expectations; RBI expected to remain cautious while focusing on economy achieving full potential: FICCI

2022
Dec
Press Release

FICCI appreciates RBI's pragmatic approach to nurture growth while keeping Arjuna's eye on inflation: Sanjiv Mehta, President, FICCI

Nov
Press Release

FICCI-GRMI release the Model Risk Code

Press Release

Banks Must Adjust to New Infrastructure Paradigm: Experts

Press Release

India today shows a picture of optimism and resilience: RBI Governor

Press Release

Green Finance Key to Meet India's National Commitments

Study
FICCI Study:Riding India's Digital Super-cycle

Riding India's Digital Super-cycle

Explore
Event
FICCI Events:

FIBAC 2022

Explore
Sep
Event

TU CIBIL - FICCI MSME Consumer Education Program

Explore
Aug
Press Release

Growth broad basing with most sectors operating at pre-pandemic levels: FICCI-IBA Bankers' Survey (January - June 2022)

Press Release

RBI has maintained consistency in Policy Statement: FICCI

Jul
Event

TU CIBIL - FICCI MSME Consumer Education Program

Explore
Jun
Survey

FICCI-IBA Survey of Bankers

Explore
Event

TU CIBIL - FICCI MSME Consumer Education Program

Explore
Event

TU CIBIL - FICCI MSME Consumer Education Program

Explore
Press Release

Encouraged to note that the projection for GDP growth for the current year has been retained: FICCI

Event

TU CIBIL - FICCI MSME Consumer Education Program

Explore
Feb
Press Release

Account Aggregators to connect underserved segments with financial sector: NITI Aayog

Study
FICCI Study:Uncovering The Ground Truth - AI in Indian Financial Services

Uncovering The Ground Truth - AI in Indian Financial Services

Explore
Event
FICCI Events:

AI in Indian Financial Services - Uncovering Ground Truth

Explore
Press Release

RBI's policy support till broad-based durable recovery is encouraging: FICCI

2021
Dec
Survey

FICCI-IBA Survey of Bankers

Explore
Study
FICCI Study:BCG Knowledge report 2021

BCG Knowledge report 2021

Explore
Press Release

5 Ds to define technology - Demographic, Democratic, Dematerialize, Digital & Disruptive: KV Kamath, Chairman, NaBFID

Event
FICCI Events:

#FIBAC 2021

Explore
Press Release

RBI's policy statement reassuring: FICCI

Nov
Event

FICCI Masterclass on ESG

Explore
Event

Payments in India | Lookback & Lookahead

Explore
Press Release

Ensure legitimate business decisions by bankers are not questioned in hindsight: FICCI

Oct
Press Release

Encouraged to note balanced approach of RBI: FICCI

Aug
Press Release

Accommodative stance of RBI is encouraging: FICCI

Jun
Press Release

FICCI welcomes RBI's consistency and approach to manage challenges of economy and health

May
Press Release

Relaxations announced under ECLGS 1 will serve the MSMEs well: Uday Shankar, President, FICCI

Apr
Press Release

RBI's bias to maintain accommodative stance reassuring: FICCI President

Mar
Study
FICCI Study:Promoting and incentivising manufacturing of PoS terminals in India

Promoting and incentivising manufacturing of PoS terminals in India

Explore
Press Release

NPA levels for second half of 2020 have seen an improvement; 50% of respondent banks reported a decline in NPAs: FICCI-IBA Bankers' Survey July-Dec 2020

Feb
Press Release

FICCI statement on RBI Monetary Policy

2020
Dec
Press Release

FICCI statement on RBI Monetary Policy

Nov
Press Release

FICCI welcomes RBI working group recommendations on ownership and structure for Indian private sector banks

Oct
Event
FICCI Events:

FICCI on RBI Monetary Policy

Explore
Aug
Press Release

FICCI congratulates RBI steps towards resolution of loans in the Monetary Policy

May
Press Release

FICCI welcomes RBI measures

Mar
Press Release

RBI measures a welcome relief for the Industry

Press Release

FICCI-IBA Bankers' Survey July - December 2019

Survey

FICCI-IBA Bankers' Surve

Explore
Feb
Press Release

FICCI Statement on Monetary Policy

2019
Dec
Press Release

FICCI disappointed with no rate cut by RBI

Oct
Press Release

FICCI welcomes 25-bps repo rate cut, RBI emphasis on reviving growth

Press Release

FICCI welcomes 25-bps repo rate cut, RBI emphasis on reviving growth

Sep
Press Release

FICCI welcomes measures to boost exports and housing sector

Aug
Press Release

FICCI welcome further consolidation in banking sector

Press Release

Banking reforms to be globally compliant, yet tailored to local needs: N S Vishwanathan, RBI Deputy Governor

Press Release

IBC brings new era of reforms to banking sector: Whole Time Director, IBBI

Press Release

Financial stability important along with growth: RBI Governor

Event
FICCI Events:

FIBAC 2019: Preparing for a New Paradigm in Banking

Explore
Press Release

FICCI-IBA Bankers' Survey January-June 2019

Study
FICCI Study:FICCI-IBA Survey of Bankers

FICCI-IBA Survey of Bankers

Explore
Press Release

FICCI pitches for further cut in interest rate, better transmission, at the meeting with Finance Minister

Press Release

FICCI welcomes 35 bps repo rate cut by RBI

Press Release

FICCI welcomes RBI's decision to further liberalise the ECB norms

Jun
Press Release

Right time for investing in Indian stressed assets: IBBI Chairperson

Apr
Press Release

Resolution plans under IBC have yielded 200% of liquidation value for creditors: Dr M S Sahoo, Chairperson, IBBI

Press Release

FICCI welcomes 25 basis points cut in repo rate

Mar
Press Release

Government to announce recommendations for fintechs soon: Finance Secretary Subhash Chandra Garg

Event
FICCI Events:

PICUP Fintech Conference

Explore
Feb
Press Release

FICCI-IBA Bankers' Survey July - December 2018

Survey

FICCI-IBA Survey of Bankers

Explore
Press Release

RBI's change in Monetary Policy Stance is a welcome beginning: FICCI

Jan
Press Release

FICCI suggests cut in repo rate, CRR at a meeting called by RBI Governor Shaktikanta Das

2018
Nov
Press Release

Corporate Affairs Secretary lauds swift implementation of IBC

Event
FICCI Events:

Workshop on Online Course on Digital Payments

Explore
Oct
Press Release

FICCI pitches for easing liquidity and strengthening of the financial sector

Press Release

FICCI welcomes RBI's decision to keep the repo rate unchanged

Sep
Press Release

It is progressive move and signifies the government's determination to strengthen the banking sector in the country: Rashesh Shah

Aug
Press Release

RBI Deputy Governor Highlights Measures to Strengthen MSME Lending

Event
FICCI Events:

#FIBAC 2018

Explore
Press Release

FICCI-IBA Bankers' Survey January - June 2018

Press Release

Increase in the repo rate was expected, RBI looking at minimizing the impact of rising inflation: Rashesh Shah, President, FICCI

Jul
Event
FICCI Events:

Seminar on Digital Payments - Trends, Issues & Opportunities

Explore
Jun
Press Release

RBI Monetary Policy Stance Positive for Growth Revival: Rashesh Shah, President, FICCI

Apr
Press Release

RBI must find space for rate cut in coming quarters: Rashesh Shah, President, FICCI

Press Release

RBI must find space for rate cut in coming quarters: Rashesh Shah, President, FICCI

Press Release

Monetary policy must encourage risk taking and help release animal spirits: Rashesh Shah, President, FICCI

Mar
Press Release

FICCI welcomes acceptance of Kotak Committee recommendations, suggests staggered implementation

Press Release

FICCI welcomes measures to tighten banks' regulatory and supervisory framework But urges government and RBI to ensure that genuine businesses are not deprived of the credit support

Feb
Press Release

FICCI President Mr. Rashesh Shah's Statement on Investigation of PSU Bank NPA Accounts Above Rs. 50 Cr

Press Release

FICCI recommends Privatisation of Public Sector Banks

Press Release

FICCI comments on RBI Monetary Policy

2017
Dec
Press Release

Statement from FICCI President on Monetary Policy Statement

Nov
Study
FICCI Study:#FIBAC2017 The Experts Voice A Compendium of Articles

#FIBAC2017 The Experts Voice A Compendium of Articles

Explore
Event

FIBAC 2017

Explore
Aug
Study
FICCI Study:Productivity in Indian Banking 2017: Hidden Treasure - How Data Can Turn The Fortunes For Indian Banks

Productivity in Indian Banking 2017: Hidden Treasure - How Data Can Turn The Fortunes For Indian Banks

Explore
Press Release

Banks witness a rise in NPAs, 91% respondents from public sector banks reporting an increase in first half of 2017

Study
FICCI Study:FICCI-IBA Survey of Bankers, Issue 5, Jan-Jun 2017

FICCI-IBA Survey of Bankers, Issue 5, Jan-Jun 2017

Explore
Jul
Press Release

Digital Payments increase by a whopping 55 per cent in 2016-17

Event
FICCI Events:

Seminar on Digital Payments - Trends, Issues & Challenges

Explore
Jun
Press Release

FICCI comments on RBI Monetary Policy

May
Press Release

FICCI comments on the Banking Regulation (Amendment) Ordinance, 2017

Mar
Event

PICUP Fintech 2017

Explore
Jan
Press Release

Demonetization move boosts liquidity, lowers cost of funds and improves margins for Banks...

Survey

FICCI-IBA Survey of Bankers

Explore
Press Release

Statement from Mr. Pankaj Patel, President, FICCI on lending rate cuts by banks

2016
Dec
Press Release

FICCI comments on RBI Monetary Policy

Nov
Press Release

FICCI Members Suggest Steps to Ease the Transition Following Demonetisation

Press Release

Demonetisation will Yield Several Benefits to the Economy in the Medium and Long Term

Press Release

FICCI comments on Government's decision on currency notes

Aug
Press Release

FICCI comments on the appointment of Dr. Urjit Patel as Governor, RBI

Press Release

Banks face formidable capitalisation challenges; risk management skills need to be beefed up

Press Release

Banks have to make themselves socially relevant to stay in the reckoning: RBI Dy. Governor, R Gandhi

Press Release

Under-served SME sector needs timely delivery of bank credit and customised products & services, say bank and industry professionals

Press Release

Multiplicity of monitoring bodies not good for bank managements: RBI Governor

Study
FICCI Study:Productivity in Indian Banking 2016 - Digital and Beyond: New Horizons in Indian Banking

Productivity in Indian Banking 2016 - Digital and Beyond: New Horizons in Indian Banking

Explore
Event

FIBAC 2016: "New Horizons in Indian Banking"

Explore
Press Release

FICCI comments on RBI's Monetary Policy

Press Release

Implementation of Insolvency and Bankruptcy code will help in debt recovery: FICCI - IBA Bankers Survey

Survey

FICCI-IBA Bankers Survey - June 2016

Explore
Jun
Press Release

We hope the central bank will continue with the reforms process - FICCI President Harshavardhan Neotia

Event
FICCI Events:

13th Banking Conclave - 2016

Explore
Press Release

FICCI comments on the decision of Raghuram Rajan not to seek the 2nd term

Press Release

FICCI comments on the RBI Monetary Policy

May
Press Release

FICCI lauds passage of the Insolvency and Bankruptcy Code, 2016 in the Lok Sabha

Apr
Press Release

Aligning financial sector important towards achieving sustainable development agenda: RBI Dy. Governor

Press Release

FICCI comments on rate reduction by RBI

Mar
Press Release

FICCI comments on Govt.'s decision to cut in Small savings interest rates

Feb
Press Release

NPA levels during July-December 2015 period rise

Survey

FICCI-IBA Survey of Bankers, Issue 2, July-December 2015

Explore
Press Release

FICCI comments on RBI's Monetary Policy

2015
Dec
Press Release

FICCI on RBI's Bi-Monthly Monetary Policy Statement

Oct
Event
FICCI Events: L to R: Mr. Lars Peter Schmidt, Mr. Sidharth Birla, Hans-Joachim Fuchtel, Ms. Jyotsana Suri, Mr. Subhrakant Panda, Mr. Vikram Gandhi

Roundtable Discussion on ADB Annual Meeting 2016, Frankfurt, with Hans Joachim Fuchtel

Explore
Sep
Press Release

Rate cut by banks will have a bearing on core sectors, propelling overall investments and growth

Press Release

FICCI comments on RBI Monetary Policy Review

Aug
Press Release

FICCI comments on on-going market developments

Study
FICCI Study:FIBAC 2015: The Experts' Voice - A Compendium of Articles

FIBAC 2015: The Experts' Voice - A Compendium of Articles

Explore
Study
FICCI Study:Productivity in Indian Banking: 2015

Productivity in Indian Banking: 2015

Explore
Event
FICCI Events:

FIBAC 2015

Explore
Event
FICCI Events: Session with Mr. Sadhu Ram Bansal, CMD, Corporation Bank

12th Banking Conclave - 2015

Explore
Press Release

FICCI comments on RBI Monetary Policy

Press Release

FICCI President comments on Government's PSBs Recapitalisation Plans

Jun
Press Release

FICCI comments on RBI Monetary Policy

Press Release

FICCI asks for a cut in interest rates to propel demand and investments

Apr
Press Release

"Of greater concern to industry is the fact that the transmission of the rate cuts introduced earlier by the RBI has not happened at the level of the banks", says FICCI President Dr. Jyotsna Suri

Mar
Press Release

FICCI comments on Repo Rate cut by RBI

Feb
Press Release

Lost focus on gold jewellery and making of gold jewellery seems to be revived

Jan
Press Release

"FICCI hopes that this will be the beginning of further cuts in the policy rate by the Central Bank" - FICCI President, Jyotsna Suri

2014
Dec
Study
FICCI Study:Why India Needs a Gold Policy

Why India Needs a Gold Policy

Explore
Oct
Press Release

FICCI comments on World Bank's 'ease of doing business' report

Sep
Study
FICCI Study:Productivity in Indian Banking: 2014, Digital Banking Opportunity for Extraordinary Gains in Reach, Service, and Productivity in the Next 5 Years

Productivity in Indian Banking: 2014, Digital Banking Opportunity for Extraordinary Gains in Reach, Service, and Productivity in the Next 5 Years

Explore
Event

FIBAC 2014

Explore
Jul
Event
FICCI Events: Left to Right: Shri Somasekhar Sundaresan, Partner, J Sagar Associates; Justice (Retd.) B N Srikrishna, Chairman, FSLRC; Shri R Raghuttama Rao, Managing Director, IMaCS; Shri Radhakrishnan Nair, Member (F&I), Insurance Regulatory and Development Authority (IRDA); Dr. Arbind Prasad, Director General, FICCI

2nd Annual Financial Sector Conclave - Hyderabad (FINSEC 2014)

Explore
Jun
Press Release

FICCI comments on RBI's Monetary Policy Review

May
Press Release

FICCI suggests setting up of National Asset Management Company to resolve issue of mounting NPAs in banking system

Apr
Press Release

FICCI comments on RBI Monetary Policy Review

Feb
Study
FICCI Study:Asia-Finance-Risk-Mitigation-Forum-2013

Asia-Finance-Risk-Mitigation-Forum-2013

Explore
Jan
Press Release

FICCI comments on RBI Monetary Policy Review

2013
Dec
Press Release

FICCI Comments on RBI Monetary Policy Review

Nov
Press Release

FICCI Applauds the Launch of Bhartiya Mahila Bank, the first ever bank for women

Oct
Press Release

FICCI's Reaction to RBI's Second Quarter Monetary Policy Review

Sep
Press Release

Naina Lal Kidwai on RBI Monetary Policy Review

Press Release

FICCI suggests measures to be taken by RBI governor

Press Release

FICCI comments on Raghuram Rajan's taking charge at RBI

Aug
Study
FICCI Study:Consistency, Quality, and Resilience: The Next Frontier for Productivity Excellence

Consistency, Quality, and Resilience: The Next Frontier for Productivity Excellence

Explore
Event
FICCI Events:

FIBAC 2013

Explore
Press Release

FIBAC 2013

Press Release

FICCI Congratulates Dr Raghuram Rajan on his appointment as RBI Governor

Jul
Press Release

New banks to increase financial inclusion, improve service efficiency, enlarge capital base and create new jobs: FICCI Survey

Jun
Survey

Survey on New Bank Licenses

Explore
Press Release

FICCI's Reaction on RBI's Monetary Policy

Press Release

FICCI Moves Govt. to Secure Public Money Handled by Cash Logistics Companies and Give Arms Licences to Security Agencies; Submits Detailed Guidelines

May
Press Release

FICCI Welcomes Monetary Policy Announcement

Apr
Press Release

FICCI on Passage of Finance Bill

Mar
Press Release

FICCI President comments on RBI Monetary Policy

Feb
Press Release

Press Release on RBI's Guidelines on New Banks in Private Sector

Jan
Press Release

Naina Lal Kidwai, President, FICCI Comments on RBI Monetary Policy

2012
Dec
Press Release

FICCI's Comments on RBI monetary policy review

Press Release

Naina Lal Kidwai's Comments on the Passing of Banking (Amendment) Bill, 2011

Nov
Event

Asian Financial Cooperation Conference

Explore
Oct
Press Release

FICCI President suggests wide-ranging measures to Finance Minister for kick-starting investments and boost investor sentiments

Sep
Study
FICCI Study:From 5 Star to 7 Star in Productivity

From 5 Star to 7 Star in Productivity

Explore
Event
FICCI Events:

FIBAC 2012

Explore
Aug
Press Release

Easing of inflation gives RBI another chance to cut interest rates: FICCI

Jul
Press Release

Reaction from Mr. R V Kanoria, President, FICCI on RBI's Monetary and Credit Policy Review

Jun
Press Release

FICCI President's Reaction on steps announced by RBI

Press Release

FICCI disappointed at RBI's move

May
Press Release

FICCI Comments on Deferment of GAAR

2011
Dec
Press Release

RBI signals a possible rate reversal going forward

Oct
Press Release

RBI Finally Recognizes Importance of Sustaining Growth

Aug
Study
FICCI Study:Being Five Star in Productivity

Being Five Star in Productivity

Explore
Event

FICCI-IBA Conference on Global Banking: Paradigm Shift

Explore
Apr
Press Release

FICCI-Yes Bank Recipe to Make India a 365-Day Tourism Destination

Feb
Event
FICCI Events:

Interactive Session on Infrastructure Financing

Explore
Jan
Event

FICCI's Corporate Finance Conference- 'Meeting the Funding needs of the Indian Economy'

Explore
2010
Dec
Press Release

Convergence of Accounting Standards with IFRS

Oct
Press Release

FICCI Supports Allowing Corporate Sector to Participate in Banking Business

Jul
Study
FICCI Study:Prakash's First Saving

Prakash's First Saving

Explore
Jun
Survey

FICCI Survey on Base Rate Implementation

Explore
Press Release

Base Bank Rate Will Make Borrowings by Highly Rated Companies Costlier: FICCI Survey

May
Event

FICCI's Asset Reconstruction Forum

Explore
Apr
Event

7th Annual Capital Markets conference - CAPAM 2010

Explore
Mar
Event
FICCI Events:

FICCI- Sa-Dhan National Microfinance Conference 2010

Explore
Event
FICCI Events:

Seminar on "De Risking the Indian Economy: Commodity Futures & Options"

Explore
Feb
Survey

Indian Banking System: the Current State & Road Ahead

Explore
Jan
Event
FICCI Events:

Conference on "Scaling MFI Activity by Strengthening Human Resource"

Explore
2009
Nov
Event
FICCI Events:

Seminar on Companies Bill 2009

Explore
Sep
Event
FICCI Events:

Annual Global Banking Conference 2009

Explore