22-Mar-20

Business Today

For Managing Tomorrow

Business Today3 min read
The Big Boys’ Club
Banking is not for the faint-hearted. Big bucks chase big dreams calling for big decisions. Undoubtedly, it leads to big successes and, often, big failures as well. But the great fall is triggered by the minutest of errors of judgement. Or corruption
Business Today6 min read
Faster, Higher, Stronger
As the search for a new managing director intensifies at India’s largest private bank, Aditya Puri, MD and CEO, HDFC Bank, has been shuttling from one destination to the other meeting customers, bank employees and government officials. A few weeks ba
Business Today7 min readFinance & Money Management
Ready To Leapfrog
The worst seems to be over for the ₹166 lakh crore banking industry. The merger of 10 public sector banks into four large banks is expected to bring scale. De-risking by new leaders at large private banks, especially ICI-CI Bank and Axis Bank, is sho
Business Today6 min read
Future Ready
A decade ago, the market share of State Bank of India (SBI) in deposits and advances was around 18 per cent. Today, it is 23 per cent. The merger with five associate banks helped but, to its credit, India’s largest bank with assets of ₹36 lakh crore
Business Today6 min readFinance & Money Management
The Growth Agenda
A decade ago, when Romesh Sobti joined the Hindujas-owned IndusInd Bank from ABN AMRO, the mid-sized private sector bank, with assets of ₹25,000 crore, was languishing. Return on assets (ROA) was a rock-bottom 0.34 per cent. Net interest margins (NIM
Business Today4 min readFinance & Money Management
Big Lender Of Small Loans
In the five years since Bandhan turned into a full-fledged bank in August 2015, Chandra Shekhar Ghosh, who founded the microfinance organisation in 2001, has kept up its growth momentum. Bandhan Bank, which has been selected as the Best Small Bank, i
Business Today5 min readSmall Business & Entrepreneurs
Giving The Best Advice
With continuous tech innovation and focus on business expansion, JP Morgan has widened its client-base across multinational companies, large Indian corporates and financial institutions in India. It has now set its eyes on emerging businesses, for wh
Business Today1 min read
Fastest Growing Foreign Bank: Bank Of America
Foreign banks in India have restricted space as most operate as a branch of the parent. Given the constraints, Bank of America has shown encouraging results. In fact, it is ahead of some of the marquee foreign bank names in the industry. Be it Citi,
Business Today4 min readIntelligence (AI) & Semantics
Business Banking In An Instant
With a focus on small entrepreneurs, ICICI Bank has extended its instant banking platform InstaBiz to micro, small and medium enterprises (MSMEs), marrying digital innovation with data-led processes. The aim is to solve some of the problems that MSME
Business Today5 min read
AUTOMATING SMEs
Nearly two decades ago, enterprise solutions such as ERP (enterprise resource planning) stormed the corporate world, offering broad and complex solutions. They created an impression that no space will be left for smaller business solutions providers.
Business Today5 min readFinance & Money Management
Bridging The Msme Credit Gap
Mumbai-based brothers, Dhruv and Piyush Khaitan, founded a digital payments venture in the 1990s. To leverage the experience in payments business, Piyush Khaitan established NeoGrowth in FY13 to lend to small businesses. He understood the problems th
Business Today4 min readCorporate Finance
PARANOID & THRIVING
VR. Govindarajan (known as Govi) likes to quote Intel CEO Andrew Grove’s motto: “Only the paranoid survive”. We need to be on our toes all the time, continuing to innovate, he says. “There will always be smarter people than you and perhaps with lesse
Business Today5 min read
PRIVATE BANKS SET TO OVERTAKE PSBs IN ASSETS
Public sector banks (PSBs) in India have been playing an important role in the banking system and the economy since 1970. They have earned the trust and goodwill across customer segments and have also been driving the social and financial inclusion a
Business Today2 min read
Quantitative Rankings
With balance sheet size more than or equal to ₹3,00,000 crore ₹36.8 LAKH CRORE higher The balance sheet of SBI, which is almost three times than HDFC Bank *Banks coming from Mid-size to Large; Three-year growth is Compound Annual Growth Rate (CAGR);
Business Today6 min readFinance & Money Management
How We Did It
Banking sector saw signs of stability in 2019. The year saw the government announcing the biggest ever consolidation of public sector banks (PSBs), increased capital raising by private banks, peaking of bad loan provisioning, deterioration of asset q
Business Today6 min read
The Champions Gallery
People often face tough choices while buying investment and insurance products. This is because few have the time or the expertise to do their own research. BT-MT Financial Awards are an attempt to identify the best mutual funds, pension funds and in
Business Today4 min read
Standing Tall Amid Turbulence
The year 2019 was turbulent for capital markets. It saw many significant developments, including general elections, escalation (and then partial retraction) of a global trade war, rise in big corporate defaults, NBFC crisis, one of the sharpest falls
Business Today5 min read
“We Need Short-term Launches To Keep Driving Growth”
What is the current focus at Novartis? Right now, the focus is about 80 per cent innovative medicines and 20 per cent generics. It is a good mix of long-term and short-term. We have 15 launches coming up in innovative medicines. That, I think, is the
Business Today8 min readIntelligence (AI) & Semantics
Tech Tutor Exponential Technologies Are Changing
The Virtual Reality (VR) module nudges you to use a controller and point towards the image of a brain, suspended in the air. The brain, seen through a VR headset such as Google Cardboard, can be rotated to get a 360-degree view. Dramatically, it spli
Business Today1 min read
Murthy’s Music Musings
Those who walked into Infosys founder Narayana Murthy’s room at the Bengaluru headquarters, could catch a glimpse of him listening to Western classical music, particularly Mozart, Bach, Beethoven and Tchaikovsky. Mozart is his favourite. “Almost ever
Business Today1 min read
Double Dribble
Basketball has always been a stress buster for Gerd Hoefner, Director and President, Siemens Healthcare. Hoefner served as a coach-manager for his basketball team and played at the semi-professional level for 25 years as a player coach. While he had
Business Today1 min read
#DorseyHighOnWellness
All CEOs try to stick to a strict diet regime. Some succeed while most fail to maintain it in the longer term. Then, there is Jack Dorsey, CEO, Twitter, and CEO and Chairman of Square, a payment processing product. The 43-year-old has adopted an inte
Business Today2 min readPsychology
“Conquer Your Fears And Go Beyond Your Comfort Zone”
RAHUL AGARWAL, CEO & MD, LENOVO INDIA Q. What was the problem that you were grappling with? A. After having had long successful stints in the field of marketing, I reached a point where I had to decide whether to continue on that path or move into a
Business Today2 min readPsychology
Amit Burman’s Time-tested Therapy
Amit Burman, 50, Chairman of Dabur India, has always been serious about fitness – something he learnt from his father, late G.C. Burman. “My father was also a fitness conscious person. I have grown up seeing him go about his fitness routine without f

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