The future of Indian banking and financial sectors is safe and these sectors are expected to grow fast because a large number of rural people will migrate to urban areas by 2025, said Shailendra Bhandari, managing director and CEO of ING Vysya Bank, at the International Conference on Economics and Finance organised by the IBS Bangalore recently. P. Vijaya Bhaskar, Regional Director, RBI, Karnataka, inaugurated the event. He said that India had been able to withstand recession because of the conservative policies adopted by the RBI. — Staff Reporter

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