How Indian banks can turn today's challenges into meaningful change
Helping Indian banks respond effectively to the immediate impacts of the COVID-19 crisis while creating a promising future.
When COVID-19 struck, governments globally jumped into action and issued lockdown measures. Their priority? To save lives. But on finding itself staring at another huge challenge that could cripple the economy—a debt crisis—the Indian government quickly broadened its focus to saving both lives and livelihoods.
This put banks in the eye of the COVID-19 storm. With the crisis continuing to unfold, it’s time for retail and commercial banks to carefully assess the likely impact of the pandemic on their customers, their people and their businesses. Developing a set of effective strategies to outmaneuver uncertainty will help them significantly moderate the potential economic damage and play a positive role in the economy and society.
To read the full article: Download the PDF report, listen to the audiobook or browse through the flipbook.