Summary:
more-inAbout 56% of the people in the country do not have access to banking facilities and to reach this larger community with proper banking services is a major challenge to banking sector, said Indian Bank Executive Director MK Bhattacharya here on Monday. But he was fast to add that the majority part of the banking sector is experiencing credit risk, market risk and operational risk. According to him banking, insurance and capital markets are key players in financial sector. GITAM president MVVS Murthi said Indian financial system is sound and the banks are playing a key role in the system. GITAM vice-president M.
Gangadhara Rao and others were present..