General insurance penetration and density are among the lowest as compared to China, Russia, Thailand and Brazil and life insurance is still the only long-term savings option available to urban and rural consumers.
Jagdeep S Chhokar, one of founders of the Association for Democratic Reforms (ADR) and the former IIM Ahmedabad professor says that even though there are no real positive changes in the country’s democracy, there is hope fo
As CFO, Hindustan Unilever, Phatak has just overseen one of the biggest M&A transactions ever by the company—the acquisition of GSK India’s consumer health foods business.
There has been some traction on resolving the twin balance sheet problem and the GDP is clocking 8% growth. But, the NPA problem still looms and rising GDP has not created jobs.
They don’t make them like Arundhati Bhattacharya any more. A public sector CEO with the confidence to say no with the full knowledge it might cost her the job.
Romesh Sobti can never forget the day when as a probationer at a State Bank of India (SBI) branch in Motihari he was told to run into the branch manager’s chambers.
Had Rajan not initiated banks’ clean-up, there may not have been any banking system left. Apart from this, Rajan’s actions are what led to the BJP’s biggest reform, on insolvency.
The single biggest problem in the Indian economy is that there is still a reluctance and unwillingness of the private sector to invest. It is a complex situation, and we do not know when it will get resolved, says Hitendra Da
Despite a big push by the Prime Minister’s Office (PMO) for greater use of the Aadhaar-enabled Payments System (AePS), the apprehension on the part of larger banks that they might lose market share is slowing the process.
To be sure the NDA regime has done some really good work that will allow the economy to grow faster in the coming years; the most notable initiatives are the rollout of the GST, the resolution of stressed assets under the IBC
As a young girl growing up near the Himalayas, she never imagined she would climb so high. But Anshula Kant is as grounded as it gets. “Down to earth” is how the chief financial officer (CFO) at the State Bank of India (S
With digital banking becoming all-important, HDFC Bank wants to deliver not just banking but a financial experience to customers, managing director Aditya Puri tells Shobhana Subramanian and Shayan Ghosh.
