HDFC's Puri Says India's Govt. Introduced Good Measures

The video discusses the government's measures to resolve non-performing assets (NPA) through the Insolvency Act and tighter banking standards. It highlights efforts to improve capital adequacy and consolidation in the banking sector. The impact of demonetization on the money market is examined, noting a $50 billion increase. The financial industry's growth, driven by undervaluation of public sector banks, is expected to continue. Technological advancements have enabled banks to expand services to rural areas, contributing to growth in market share and geographies.

What measure has the government introduced to address the NPA issue?

• Foreign Investment Policies

• Insolvency Act

• Tax Reforms

• Interest Rate Cuts

What percentage of the system is owned by the government?

• 50%

• 60%

• 70%

• 80%

What is one reason for the financial industry's growth over the past five years?

• Increase in foreign investments

• Undervaluation of public sector banks

• Rise in consumer spending

• Expansion of digital banking

How has technology contributed to the banking sector's growth?

• By increasing foreign investments

• By expanding services to rural areas

• By improving customer service in urban areas

• By reducing interest rates

What is the expected growth rate of the country once capital comes in?

• 5%

• 6%

• 7.5%

• 8%