India does not have a problem of people grabbing share from a fixed pie. India is one of the few nations where the pie is getting bigger.

In India, women are still the primary caregivers. Whether it be for children, whether it be for old people or sick people, you are the primary caregiver. No matter what position you are in.

India has a very young population which is comfortable doing business on a screen than do it one on one with a banking executive. They want quick fulfilment of desires, and may not have the time to go to a bank to get things done. Many of them are comfortable working from home.

Even for the people in the bank into which the other banks are merging, they also have a lot of apprehension. There is always an apprehension that opportunities will go down. There are apprehensions of displacement. Many of these apprehensions are unfounded.

Multiple mergers can be challenging because people come from different backgrounds.

In any merger, the biggest challenge is always integration of human resources because the people who are coming in have a lot of apprehension.