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Unlock BFSI 2.0: Not risk-averse, only careful and prudent, say bank CEOs

Most bankers who participated in the Business Standard Unlock BFSI 2.0 webinar event held on Thursday felt that they expect better indicators of the economy in the third quarter of the financial year

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Reserve Bank of India Governor Shaktikanta Das had said that being overly risk-averse 'will be self-defeating' in a changing environment and will not help banks 'win their bread'

Somesh Jha New Delhi

4 min read Last Updated : Aug 29 2020 | 1:08 PM IST

Top bank executives on Thursday attempted to shed the tag of being risk-averse and said that viable businesses that bring in some level of equity will get the red-carpet treatment from lenders.

Most bankers who participated in the Business Standard Unlock BFSI 2.0 webinar event felt it was early to predict the economic recovery curve at this point in time and better indicators would be visible from the third quarter of the fiscal year, when the festive season kicks in.

“I don’t know why there was a feeling that we are risk-averse. Banks are eager to lend to good projects

Topics : Indian banking sector Indian Economy Shaktikanta Das

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