Ekambaram, after three decades at the bank, will step down this year. Paritosh Kashyap will assume a new role in the bank.
With the exit of Ekambaram from the bank, it is a total change of guards from the leadership perspective
Women made up only 10 percent of the banking workforce up until the 1990s, says RBI data.
The latest acquisitions of the bank include BSS Finance and Sonata Finance which the lender acquired in 2016 and 2023 respectively.
Kotak Mahindra Bank’s wholetime director Shanti Ekambaram talks to Moneycontrol on the bank’s growth plans, challenges and opportunities - watch!
CNBC-TV18's Latha Venkatesh is at the National Stock Exchange to support this unique initiative and has with her Shanti Ekambaram of Kotak Mahindra Bank, Aisha De Sequiera of Morgan Stanley, Bala Deshpande of NEA, Mallika Ghosh of the Parinaam Foundation and Radhika Gupta of Edelweiss AMC.
Speaking to CNBC-TV18, Shanti Ekambaram said that two years back, bank deposit rates were near 9 percent and is now down by 200 basis point. She expects stability in deposit rates in the near future, unless the sluggish credit demand falls further.
The reduction in capital gains period for real estate is a positive move, says Shanti Ekambaram, President – Consumer Banking, Kotak Mahindra Bank.
Ruling out any immediate transmission of rates despite RBI chief Raghuram Rajan blaming them of passing benefits "only modestly", bankers on Tuesday said interest rates will fall once credit growth picks up.
Shanti Ekambaram, Kotak Mahindra Bank says, from a medium-term perspective, India remains attractive. "In the short-term, I think it's more driven by events, and sentiments," she adds.
So will the RBI take a tougher stance against inflation and go beyond a 25 basis points hike? Will Governor Subbarao trim his growth forecast for the coming here. CNBC-TV18’s Vidhi Godiawala and Gopika Gopakumar have the results of CNBC-TV18's poll of bankers and economists on what to expect from the RBI tomorrow.
In an interview with CNBC-TV18, S Raman, CMD, Canara Bank, Shanti Ekambaram, ED, Kotak Mahindra Bank and Indranil Sengupta, Chief India Economist, Bank of America Merrill Lynch, speak about their expectations from the Central Bank tomorrow.