Four of India’s top bankers discuss the toughest challenge the banking system is confronting—rising non-performing assets
Mumbai: Four of India’s top bankers gathered for the sixth edition of Mint’s annual banking conclave on 27 February in Mumbai to discuss the toughest challenge the banking system is confronting—rising non-performing assets (NPAs). Pratip Chaudhuri, chairman of State Bank of India; Chanda Kochhar, managing director and chief executive officer of ICICI Bank Ltd; Aditya Puri, managing director of HDFC Bank Ltd; and Pramit Jhaveri, chief executive officer of Citibank India, were of the opinion that accelerating the pace of economic growth and project implementation hold the key for a resolution of the problem. Tamal Bandyopadhyay, deputy managing editor of Mint, moderated the discussion. Edited excerpts:
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