₹1.98L Cr profit. 1.93% NPA. 0.7% slippages. PSBs aren't just profitable - they're disciplined. Better technology + Lower costs > More Branches in villages. Faster decisions for farmers and small businesses.
This is how financial inclusion actually scales. Not policy announcements. Not targets. Just profitable banks investing in technology and infrastructure.
Watching a Jeff Bezos interview from 2000 and who but a young @vkhosla pops up from the audience to ask whether the internet means fewer people will have an increasingly larger impact on the economy.
@amrishrau Yes — I don’t think I any of the AI agents can do the job of onboarding the riders, drivers, and restaurants. If anything network business get better from here. The ones that will actually compete will be point solutions, but that is only to the extent of them not using AI well.