My belief is India’s banking industry will continue to grow at two and a half times the GDP growth rate.
She worked hard till she saw all of us through college and we became independent. I never knew that my mother had such a wealth of self-assurance and belief within her.
Make sure you have that conviction to do what you know is right, and once you have it, don’t let skeptics distract you from your path.
I think it’s important to celebrate your successes. It’s important to feel happy about them, but it’s equally important to look forward to the next big move.
We have no exposure in Europe and not made any finances to the companies there. So the question of Greek debt crisis impacting the bank does not arise.
Our institutional framework needs to be bolstered further. We have to implement laws like the proposed Bankruptcy Code and GST (Goods and Services Tax), which will create efficiencies and strongly support the business environment.
Practise and practise to make your dreams turn into reality.
Our parents treated all three of us – two sisters and a brother – equally. When it came to education, or our future plans, there was no discrimination between us based on our gender.
When I moved from corporate to consumer banking, I brought a lot of synergy with me.
If we look at India and the Indian demographics and the Indian consumer, I think the Indian consumer is going digital, social, and mobile. They want everything in a digital format, everything available on the go, and we socially connected.
The global market does not understand the India risk as well as we do, and therefore, we have the arbitrage facility of making better margin on the same set of Indian firms than what we would have made by giving rupee loans.
Resolution can be in any form – S4A, SDR or restructuring – but we need an enabling environment where bankers feel comfortable to take decisions and where they also feel obliged to implement decisions in a timely manner.
Rather than worrying about entities, we should worry about the trends in technology that may cause disruptions… if we get so paranoid that banking is no longer going to exist and banks are going to get disrupted, I think that is a different worry.
I have it all because my children did not whine and cry when I was not there.
I was good with numbers.
An entrepreneur, whether man or woman, has to be willing to take help, whether financial or technical, to grow his or her business.
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