Indian banks are sitting on their strongest balance sheets ever, so what do they do with them? In this episode of India for the World, a leadership series by Mint and BCG, host Shayan Ghosh – BFSI Editor, Mint, speaks with Amitabh Chaudhry – Managing Director and CEO of Axis Bank and Pranay Mehrotra – Managing Director and Senior Partner at BCG about what Indian banking now has to offer its global counterparts. Together, they discuss the decade-long cleanup that followed the twin balance sheet problem, why banks are really tested at the top of the cycle rather than the bottom, and what Indian lenders can still learn from global peers on risk foresight and technology investment. The conversation explores digital-only models like Nubank and Revolut, why AI in banking is a hard grind rather than plug and play, where Indian banks are already ahead of global institutions, the rising and unpredictable cost of AI models, AI-led cyber risk and governance, and what India has built beyond UPI from video KYC to the account aggregator.