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.

Discuss the expected growth of the banking system over the next 12 to 18 months.

What factors contribute to the undervaluation of public sector banks as mentioned in the text?