This story belongs to the Fortune India Magazine April 2026 issue.
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Today we are at an intersection where both structural and cyclical cycles are playing out together. Does that fundamentally transform the landscape for banking, even as business models are being upended at a scale never seen before?
You’re spot on. We’ve never seen these kinds of fundamental changes happen so quickly and all at the same time. Yet this is a time when India has shown, compared to the rest of the world, very high growth and low inflation... It’s also a time when a bank is tested by its customers, constituents, and regulators across the world. Customers will see the difference between banks and bankers — they’ll experience who is able to navigate geopolitical risk, help with risk management, advise correctly, connect them to newer supply chains, and make sure the entire complex story is understood as well as possible.