NORMALLY ONE IS interested in the early life of a celebrity in the field of say showbizor sports, which is what prompts people to write about them. When it comes to a banker, there would be very few interested, especially if the author is from a public sector bank. The autobiography of Rajnish Kumar, former chairman of SBI, is a deviation from this perception.
A section on Kumar's life takes us through his early days and his experiences in various branches of SBI in the interiors of the country. SBI trains everyone on the job by taking the person through different responsibilities in various divisions so that by the time a person heads the bank, one is fully acquainted with all aspects of banking.
This cannot be said about most private sector bank heads, who get elevated to the status of CEO without really getting to know the intricacies of a bank job. In fact, interestingly, PSBs rarely falter on processes and procedures because everyone goes through the grind of dealing with cheques, lockers, loans, and, more importantly, people. This is why they tend to be more empathetic when it comes to people management.
This story is from the November 07, 2021 edition of Financial Express Mumbai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 07, 2021 edition of Financial Express Mumbai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Beset by hacks, Microsoft copes with cybersecurity
THE WORLD'S LARGEST seller of cybersecurity products has a problem with its own cybersecurity. In recent years, Microsoft has been hit with a series of embarrassing hacks that have exposed corporate and government customers.
Pandya's ticket to US, Caribbean hangs on how he bowls this IPL
HARDIK PANDYA'S COMEBACK to the Indian team for the T20 World Cup might well depend on how well and how often he bowls in the remainder of the IPL. In a meeting between India head coach Rahul Dravid, chairman of the selection committee Ajit Agarkar and captain Rohit Sharma at the BCCI headquarters in Mumbai last week, it's understood that a decision was taken that Hardik has to bowl regularly if he wants to make a comeback.
BJP looks at Tirunelveli to expand footprint in TN
WITH ITS MIX of prominent castes such as OBC Nadars and Thevars (including Maravars), a substantial presence of SCS/STS, and its large Muslim population, the Tirunelveli Lok Sabha constituency is a testing ground for the cross-caste consolidation the BJP is building to expand its footprint in Tamil Nadu.
Kejriwal to stay in jail; SC seeks ED reply by Apr 24
Judicial custody until April 23; SC to hear plea in week starting April 29
Steel firms fall short of PLI target due to China delays
STEELMAKERS FELL SHORT of an investment target for the fiscal year to March 2024 due to a delay in importing machinery from China and securing visas for Chinese experts, according to a government document reviewed by Reuters and sources.
At TCS, weak discretionary H demand a worry: Analysts
DESPITE POSTING A good set of numbers during the January-March quarter, analysts maintain that weak discretionary demand will remain a pain point for TCS.
Ambuja to buy grinding unit in TN
AMBUJA CEMENTS, AN Adani Group company, has signed an agreement to acquire My Home Group's 1.5 million tonne per annum (MTPA) cement grinding unit in Tuticorin, Tamil Nadu, for ₹413.75 crore.
PNB Housing to focus on affordable housing
This will enrich the product portfolio and reduce impact on NIM
TCS: Limited near-term growth visibility
Aims for 6.3% to 7.3% y-0-y revenue growth during FY25-26
Pilibhit battle without BJP's Gandhis
LOCATED NEAR THE foothills of the Shivalik range, Pilibhit is a constituency where tractors dominate the roads more than any other vehicle and wheat, rice and sugarcane are grown in turns.
