<h1>Foreign acquisitions of Indian banks spur debate on RBI oversight, banking prudence, and recent public sector bank reforms.</h1> The dispute focuses on foreign firms acquiring Indian banks, with the BJP asserting that such investments occur within a calibrated approach to financial-sector globalisation and remain subject to RBI oversight, while citing improved bank metrics-lower net NPAs, higher capital adequacy, and greater provision coverage-as evidence of strengthened banking resilience following regulatory and structural reforms.