Sangita Mehta, ET’s Banking Editor, and Sachin Gupta, Chief Ratings Officer at CARE Ratings Ltd, dive deep into the RBI's latest draft guidelines. They discuss the significant shift requiring banks to handle lending and deposit activities directly, which could reshape banking structures and balance sheets. The conversation highlights how these regulations may challenge traditional practices, impact upcoming IPOs, and even lead to potential mergers among banks. The duo provides keen insights into the evolving landscape of the banking sector and consumer protections.