Australia-based Westpac Banking Corporation said on Monday it would sign a cooperation agreement with Standard Chartered Bank in India on Wednesday (June 7).
We are focusing on how to make banking affordable for the customer. The bank is bullish on retail business, says Suresh Gurumani.
In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.
'The CEO will neither be able to guide the senior team in operational matters nor decide on their appointment, compensation or removal.' 'Yet, the CEO is responsible for the profit and loss of the bank!' 'Why would the senior executives listen to him?' 'Which self-respecting professional would want to be a CEO with these constraints?' asks Tamal Bandyopadhyay.
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