Financial Institutions

Corporate Banking in India: A Call for Action

Saurabh Tripathi Prateek Roongta Jitesh Shah Mayank Jha

The Indian corporate banking industry is currently operating in a high pressure environment. On one hand, banks are facing mounting challenges from growing corporate NPAs, bans on LOUs/ MOUs and increasing cyber and fraud risks while on the other hand, increasingly sophisticated customers are demanding digital and customized experiences at every point of the journey. This report released by BCG, along with SWIFT, lays down key challenges faced by organizations today and the seven emerging themes critical for winning in corporate banking in India.