For a natural choice doctor to end up in finance, and be persistently successful at it, Sidharth Rath at Axis Bank has achieved what few have.
The euphoria of autonomy may be shortlived as government-owned banks face the reality of demanding customers and the entry of competitors with lower cost of operations.
More than two decades after private banks began competing for business, state-run banks control nearly three-fourths of the industry.
India’s macro will be better, but GDP growth is not going to be as fast as we would like it to be, says Exec Vice-Chairman & MD, Kotak Mahindra Bank.
India would be “lucky” if GDP growth touched 6%, he said. Further, growth would be lower than what markets expected in the near term, Kotak warned.
We will obviously play in the areas where we can add some value, where we can bring some competitive differentiation, where we can do something different.
India has always had a 'Look West' bias. The East is highly integrated, the corridors from Japan to Greater China to Asean to Australia.
India most attractive destination to invest after Narendra Modi's ascension: BofA chief Brian Moynihan
Moynihan joins a list of global CEOs encouraged by the new government that came to power in May with the strongest mandate in three decades.
US is on solid footing. Consumers are spending more. Credit among consumers is strong, corporate balance sheets are in good shape.
Predator turned prey — that seems to sum up the case of Kotak Bank and ING, a role reversal that came about six years after the meltdown of 2008.
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