Summary
Contents
Do you often wonderIs my money safe in banks? India is grappling with its worst banking crisis ever, and we are still trying to figure out what landed us here. This book analyses the role of the government and RBI in allowing the problem to reach the dimension it has assumed today. When will the never-ending NPA issue be resolved? Does it make sense to merge two PSBs when the culture and governance structures are alike? Should the RBI reserves be used in times of crisis? Should the tenure of a CEO be long or short? The book ponders and debates on some of these questions. Hits and Misses presents the two sides of the Indian banking story by giving an account of the reforms as well as quandaries in times of extraordinary economic and political challenges. The book answers many relevant questions by highlighting the highs and lows of the banking sector, which became subjects of debate in media and financial circles.
CEO Tenure : Too Short or Too Long?
CEO Tenure : Too Short or Too Long?
In the banking system, the tenure of the CEO has become an issue of debate. While the age of 60 is recognized as being the end of the road for the CEO, it is different for private banks which have had the history of fielding long-serving heads. The CEOs of all banks need to be approved by the RBI and hence there is nothing incorrect in a banker holding the post for an extended period of time which can go up to 70 years. This does not happen for the PSBs but for the private bankers the choice is made by the shareholders and hence it is supposedly a transparent ...