One of the key issues facing the Indian banking sector is the rapidly declining profitability of public sector banks (PSB).

Indian policymakers have concluded that the worst of India’s economic woes are behind us. One only wonders where such optimism stems from.

The deal — Reliance’s failed bid to win LyondellBasell — could have put India’s richest man firmly on track to becoming the world’s richest...

If we look at the two most successful entrepreneur-driven banks in India in the last decade, we see strikingly different approaches.