Amid the fear of Omicron, we usher in 2022 with 63 per cent of Indians being fully vaccinated, 90 per cent having at least one dose of the vaccine. And more caution.
UCBs accounted for 1.8% of total industry credit in September 2025—down from 2.2% five yrs ago—showing that they are losing ground to faster PSU banks.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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