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Payment banks can be bane to already struggling PSU banks

If bad loans are blighting their assets, soon payment banks will be stealing their low-cost deposit bases, as State Bank Chairman Arundhati Bhattacharya said the other day. This means their cost of funds will rise as competition for funds gets sharper, making it even tougher for them to provide for bad loans through higher profitability.
Economic growth can end banks' NPLs in next 3 yrs: Experts

Dr Charan Singh, Professor of economics, IIM Bangalore and Mr Sharad Sharma, Managing Director, State Bank of Mysore talk about resolving the worry for banks, augmenting NPAs.

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Public Sector Banking System

Payment banks can be bane to already struggling PSU banks

Economic growth can end banks' NPLs in next 3 yrs: Experts