Balanced
McKinsey report: Indian banks have peaked in performance but they still have a long way to go
Indian banks have performed exceptionally well but now face mounting pressures like compressed margins and rising costs. To sustain their impressive growth, a critical refocus on core fundamentals is vital. This entails leveraging AI for enterprise-wide transformation, actively mobilizing deposits, building systemic resilience against evolving risks, and embedding robust ESG strategies. Attracting and retaining specialized talent is crucial. These adaptive measures will differentiate early movers, ensuring continued growth for individual banks and the broader Indian economy amidst significant structural shifts.
LiveMint · Peeyush Dalmia · May 7, 2026 at 8:15 AM