S Ramadorai, Tata Consultancy Services CEO, been selected the Business India Businessman of the Year 2004.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
Deutsche Bank in India has managed to avoid the bad-loan problems plaguing its rivals such as Standard Chartered Plc.
There is a dearth of talent in the Indian banking industry. A testimony to this is the two new CEOs in the private sector -- Sandeep Bakhshi in ICICI Bank Ltd and Amitabh Chaudhry in AXIS Bank Ltd -- have come from the insurance sector, says Tamal Bandyopadhyay.