India is gearing itself for the future challenges and transforming itself for the drastic changes which are taking place, said Vaibhav Chaturvedi, Deputy General Manager of Reserve Bank of India. Chaturvedi was addressing students of JECRC College ‘Post Banking Crisis’. The lecture was organised by Business Line Club in association with Cairn India, the fastest growing energy company in the world.
He told the students about the global radical transformation in the banking sector and discussed how the 2007 crisis affected the whole economy. He also talked about the changes which occurred after the crisis in banking sector, which totally changed the banking structure in India, though India was not that much affected by the crisis.
India is gearing itself for the future challenges and transforming itself for the drastic changes which are taking place, he said. Even more private banks would be entering the market in future, strengthening the banking structure as well the economy. He told the students that banking is the best industry to start a career as one of the options for those aspiring to become future bankers, as it provides a wide variety of carrier options.