Amol Agrawal, an author and economics professor at Ahmedabad University, dives into the evolution of banking in India, shedding light on both colonial and post-colonial influences. He discusses the unique attributes of South Canara’s banking success, including fostering community trust and resilience during economic turmoil. The conversation also addresses the challenges of bank failures, the impact of nationalization, and the innovative pygmy deposit scheme aimed at enhancing financial inclusion for the underbanked.