Rajiv Kochhar, brother-in-law of ICICI Bank CEO Chanda Kochhar, is the founder of Singapore-based Avista Advisory.
Sanjay Nayar, CEO at KKR India says, it is crucial to identify the problem early enough and not wait till the condition of the corporate becomes so bad that you lose equity value. “There is no point throwing good money after bad, “he adds.
Recent steps taken by the government, corporate India and RBI may help banks combat the pain of rising NPLs. Eminent bankers, Pradeep Kumar, MD, SBI, Srini Varadarajan, Executive Director, Axis Bank, and Ranjan Dhawan MD and CEO of Bank of Baroda, discuss on the same.
Those who appeared for the interview include Praveen Kumar Gupta, SBI's chief financial officer, Rajnish Kumar, managing director of SBI Caps), NK Chari, head of medium corporate group at SBI, and SA Ramesh Rangan, MD at State Bank of Patiala.
Atul Suri of Rare Enterprises said that sectorally IT is a great space to be in. “I think the largecap IT is doing very well.
The move was following the vacancy created by resignation of Santosh B Nayar last week, according to bank sources.
Newly-appointed Central Vigilance Commissioner Pradeep Kumar today said that dishonest officers will be brought to book soon. He sought from the government more resources and manpower to strengthen the Commission to deal with corruption "ruthlessly and fearlessly".
The Delhi High Court today refused to grant urgent hearing on the plea of former Central Vigilance Commissioner P J Thomas that his appeal, pending with the President against his sacking, be decided first before his successor Pradeep Kumar assumes charge.