Joel Rebello
Most banks, led by largest lender SBI, have serious apprehensions on how the newly licensed banks will function, how much cash they are willing to burn and what will be their business model. Photo: Pradeep Gaur/Mint<br />

What’s on Indian bankers’ mind

2 min read . 26 Aug 2015
S.S. Mundra said that the country is on the right path when it comes to the level of foreign exchange reserves and current account deficit. Photo: Abhijit Bhatlekar/Mint<br />
Bhattacharya had last week said that new payment banks could wean precious low-cost savings bank deposits away from the established full-service players.<br />

SBI chief concerned about new banks

1 min read . 25 Aug 2015
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