Banks Must Adapt to Customer Preferences to Stay Competitive: Chief Economic Advisor V Anantha Nageswaran

Chief Economic Advisor V Anantha Nageswaran emphasized the importance of banks adapting to changing customer preferences and market dynamics to stay competitive. Speaking at an event organized by Indian Bank, he also highlighted the role of agriculture and technological advancements in economic growth. Indian Bank’s initiatives in training entrepreneurs were also praised.

Chief Economic Advisor V Anantha Nageswaran has urged banks to adapt to changing customer preferences and market dynamics to remain competitive.

Speaking at an event organized by Indian Bank, Nageswaran underscored the pivotal role of agriculture and technology in driving economic growth.

He praised Indian Bank's initiatives like the MSME Prerana programme, which focuses on training entrepreneurs. Indian Bank's Managing Director and CEO S L Jain noted that Nageswaran's insights would benefit participants by helping them understand industry challenges and opportunities.

(With inputs from agencies.)