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

The video discusses India's economic growth since 2015, highlighting its GDP surpassing China's among G20 countries. It addresses the risk of non-performing debt and the government's measures to resolve it, including the Insolvency Act and tighter banking standards. The financial system's surplus post-demonetization and the potential for private investment are explored. The video also covers market growth, driven by undervaluation of public sector banks, and the use of technology to expand banking services in rural India.

What is one of the main risks to India's economic growth mentioned in the video?

• Unemployment

• Trade deficits

• Non-performing debt

• High inflation rates

What legislative measure did the government introduce to tackle the NPA issue?

• Banking Regulation Act

• Insolvency Act

• Financial Stability Act

• Debt Recovery Act

How did demonetization impact the money market according to the video?

• It increased inflation

• It had no significant impact

• It led to a surplus of $50 billion

• It caused a shortage of money

What technological advancement has helped expand banking services to rural India?

• Artificial intelligence

• Cryptocurrency

• Blockchain technology

• Mobile banking

What is the expected growth rate of the country once capital investment increases?

• 5%

• 6%

• 7.5%

• 8%