Vishwavir Ahuja, MD & CEO of RBL Bank, tells Indivjal Dhasmana that resurgent public sector banks after recapitsation from the government will give more competition to larger private sector banks. Edited excerpts:
Will the resurgent PSU banks after recapitalisation threaten your bank?
Well-capitalized banking and financial systems are necessary for stable economic growth. There is no doubt that this is a decisive move by the government that will positively affect the banking system as a whole. This recapitalization will help PSU Banks in their provisioning requirements and provide them with growth capital for the future. To answer your question about whether