INDIAN BANKING STRONGER THAN BRIC COUNTERPARTS: FICCI SURVEY

According to a survey carried out by Federation of Indian Chambers of Commerce and Industry (FICCI), Indian Banking is stronger on vital banking parameters than other BRIC nations. According to the survey, the Indian Regulatory System is much better than that of China, Brazil and the UK. The risk management systems are more advanced than China, Brazil and Russia and credit quality better than China, Brazil, Russia, UK and the U.S. Moreover, India's banking technology systems are also superior as compared to Brazil and Russia.


Source: http://www.business-standard.com/india/news/indian-banking-stronger-than-bric-counterparts-ficci-survey/384931/