Updated Mar 11, 2021 | 13:10 IST
The sweeping changes in BFSI have got these ten banking biggies excited, and coming back for more. These high achievers are back in the game with new innings
All work and no play might make Jack a dull boy, but in India, it makes for some successful bankers. After decades of working as the top bosses of some of the country’s biggest banks, bringing in the digital revolution to the banking process and taking their institutions to the zenith, these bankers decided that there is even more to do. Thus, after retiring or giving up their thrones, they have assumed the roles of board members and advisors at different institutions and continue to make their mark.
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Former SBI chief Rajnish Kumar appointed exclusive advisor to Kotak Groups $1 billion stressed assets fund
Kotak Investment Advisors (KIAL) had announced a fund raise of $1 billion in August 2019, anchored by a $500 million commitment from Abu Dhabi Investment Authority
PTI | February 13, 2021 | Updated 09:17 IST
Former SBI NSE 0.77 % chairman Rajnish Kumar was on Friday appointed as the exclusive advisor to a USD 1 billion-stressed assets fund floated by the Kotak Mahindra Bank NSE -0.51 % group.
Kumar retired as the chairman of the country s largest lender in October last year after an over four-decade career. Earlier this week, there were reports of global private equity major Baring Private Equity Partners appointing Kumar as an advisor.
(see the previous post
). Share these 35 gems and insights with your colleagues and networks, and check back to the original articles for more insights.
Industries are going through this fundamental shift from predictability to adaptability, and current automation solutions are not flexible enough to adapt to changing requirements. - Rishabh Agarwal, Peer Robotics
As the number of variables increase, the ability of rule that sets to segregate malice from the usual is not straightforward, rendering AI/ML as a better choice. - Bibhuti Kar, Quick Heal Technologies
Rise of direct to consumer brands and the advent of fast fashion have pushed brands and retailers to be faster and more agile. - Akarsh Shrivastava, Elevation Capital
Updated Jan 26, 2021 | 17:00 IST
The IPO market was buzzing last year, we saw 14 companies filing draft red herring prospectus. the year 2021 also will witness the same pomp with some of the common household startups in the fray. Representational Image
Key Highlights
Last Year Route Mobile gave returns above 200%
Info Edge parent company of Naukri has logged in a return of over 80%.
2021 is proving to be the year of startup IPOs. Zomato, Nykaa, Flipkart, Policy Bazaar and even BYJU s & Pepperfry maybe look to list this year. If the past is anything to go by, in 2020 all the IPOs have been in positive territory with some of them like Route Mobile even giving returns above 200%.