What is the reason behind this drying up of talent for the top post in private banks?
New MD likely to be announced by December-end or first week of January.
Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.
Partha Pratim Sengupta, who will be taking charge as the MD & CEO of Bandhan Bank in early November, has his task cut out. The Kolkata-based lender, which converted itself from a microfinance institution to a universal bank, is in its 10th year of operation. The bank was able to cut down the share of the micro loan book over these years.
'The Budget needs to focus more on social welfare schemes.'
The first quarter of calendar 2023 will see new faces heading four large public-sector banks -- Canara Bank, Bank of Baroda, Indian Overseas Bank, and Bank of India.
'I never allow myself to look anxiously over my shoulder at what my co-star is doing.'
In areas bordering Bangladesh, some have received strikingly high deposits in Jan Dhan accounts, said sources.
The BJP could win only 16 out of 57 seats where Shah campaigned.