Resiliance Of the Indian Banking System in Vuca World

Ashok Kumar

doi:10.69968/ijisem.2026v5Si1182-187

Authors

Ashok Kumar Asst. Professor, Department of Commerce, St. Xavier’s College Of Management and Technology, Patna

DOI:

https://doi.org/10.69968/ijisem.2026v5Si1182-187

Keywords:

Indian Banking System, VUCA, Financial Stability, Digital Banking, Risk Management, Cybersecurity, Banking Resilience, Economic Uncertainty

Abstract

In today's volatile, uncertain, complex and ambiguous (VUCA) global context, the Indian banking system is very important in ensuring economic stability and contributing to economic development. The economic volatility, technological shifts, geopolitical uncertainties, financial crises, and evolving consumer preferences have created substantial hurdles for banks in India. The present research focuses on analyzing and studying the approach that banks have taken to manage risk, maintain financial stability and ensure the efficiency of their operations in the VUCA world. The study emphasizes the importance of digital transformation, regulatory reforms, risk management strategies, and technological advancements to further fortify the banking sector. It is also highlighted that issues like cyber security risks, non-performing assets (NPAs) and market uncertainty are surfacing as challenges. The study concludes that there is a need to make the Indian banking system more Resilient and Sustainable in the long term through the process of Adaptability, Good Governance and Technological Advancement

References

[1] Anant, M., Kanwar, K., & Indulkar, S. K. (2024). An Empirical Study On Awareness Of Cyber Security In Digital Banking Among College Going Students (With Special Reference To Korba District Of Chhattisgarh). International Journal of Innovations In Science Engineering And Management, 3, 45–49.

[2] Boora, S. L. and D. K. K. (2024). Analysis of financial resilience of Indian public sector banks. 7(1), 129–132.

[3] Choudhary, B. (2024). A Study of the Interconnection between the Growth of Financial System and Information Technology and the Challenges Ahead. International Journal of Innovations In Science Engineering And Management, 3, 82–89.

[4] Hashim, N. F. M. A. S. S. O. F. (2020). Vuca: theories, concepts, and its remedy. 1–9.

[5] Khairullah, A. H., & Rosita, S. (2022). Theoretical Study of Indian Banking System. Journal of Social Commerce, 2(1), 42–46.

[6] Khare, D. J. (2020). VUCA WORLD: RELEVANCE IN INDIAN CAPITAL MARKET AND ECONOMIC GROWTH. An Iternational Bilingul Peer Reviewed Research Journal, 10(38).

[7] Mane-deshmukh, S. S. (2023). A Comparative Analysis of Indian Banking System for Triggering GDP Growth and Economic Stability. International Journal of Innovations In Science Engineering And Management, 2(4).

[8] Muhammad, R., Arief, S., Wijaya, A., Yuhertiana, I., Sucahyati, D., Izaak, W. C., Susilowati, E., Suryaningrum, D. H., Martha, I., Sukiswo, H. W., Widodo, C., Fitri, S., Wati, A., & Saka, A. (2024). Innovations in Strategic Finance and Accounting: Insights from Research Centers in a VUCA Environment. Journal of Accounting and Strategic Finance, 7(2), 333–351.

[9] Nurdiani, T. W. (2021). INTEGRATING MARKETING AND FINANCE TO INCREASE COMPANY PERFORMANCE IN VUCA WORLD: A CASE STUDY ON BANKING STATE- OWNED ENTERPRISE IN INDONESIA (MANDIRI, BRI, BTN, BN. European Journal of Business and Innovation Research, 9(5), 27–33.

[10] Patnaik, Monica Nayyar, S. S. and S. N. M. (2023). Creating Value in a VUCA World – The Role of Financial Resources. Parikalpana - KIIT Journal of Management [Vol., 19, 314–337.

[11] Roy, T. N. S., & And, B. B. (2011). Macroeconomic Stress Testing and the Resilience of the Indian Banking System: A Focus on Credit Risk. 30263.

[12] Singh, D. D. P. (2024). EXAMINING THE ROLE OF INDIAN BANKS IN MAINTAINING FINANCIAL STABILITY. ShodhKosh: Journal of Visual and Performing Arts, 5, 379–386. https://doi.org/10.29121/shodhkosh.v5.i3.2024.196

[13] Syamsir, S., Saputra, N., & Mulia, R. A. (2025). Leadership agility in a VUCA world : a systematic review , conceptual insights , and research directions. Cogent Business & Management, 12(1). https://doi.org/10.1080/23311975.2025.2482022

[14] Velychko, S. K. L. O. P., Karamushka, O., & Huba, M. (2021). A model for analyzing the financial stability of banks in the VUCA-world conditions. Banks and Bank Systems. https://doi.org/10.21511/bbs.16(1).2021.16