State Bank of India’s Kumar on Jet Airways, Aviation Industry, Banking

The video discusses the potential revival of Jet Airways, highlighting the challenges of past liabilities and the need for investor proposals by May 10th. It examines the impact of Jet Airways' absence on India's aviation industry, including increased consumer prices and government measures to enhance airline capacity. The video also explores how technology is disrupting the banking sector, with a focus on State Bank of India's innovations and collaborations with Fintechs. Lastly, it covers the role of banks in e-commerce, emphasizing partnerships and growth potential, and touches on SBI's plans for IPOs.

What is one of the main challenges in reviving Jet Airways?

• Hiring new staff

• Funding past losses and liabilities

• Finding new routes

• Upgrading aircraft technology

How has the absence of Jet Airways affected consumer prices in India's aviation industry?

• Prices have remained stable

• Prices have fluctuated unpredictably

• Prices have increased

• Prices have decreased

What approach has the State Bank of India taken to stay ahead in the technology space?

• Investing in physical branches

• Collaborating with fintech companies

• Avoiding fintech collaborations

• Focusing solely on traditional banking

What innovation has the State Bank of India introduced to reduce the need for plastic cards?

• Biometric ATMs

• Contactless credit cards

• Mobile application for cash withdrawal

• Blockchain-based transactions

What is the State Bank of India's strategy regarding e-commerce platforms?

• Owning e-commerce platforms

• Partnering with e-commerce platforms

• Competing directly with e-commerce platforms

• Avoiding involvement in e-commerce

Why do banks not earn commissions from e-commerce transactions?

• Lack of interest from banks

• Because of high transaction fees

• E-commerce platforms refuse to pay

• Due to the Banking Regulation Act

What is the growth potential for banks in the e-commerce space?

• Limited due to regulations

• Stable with no expected changes

• Huge due to increasing digital transactions

• Minimal due to competition