Turnaround- Business News
Turnaround Strategy Focus on operating profit and building a low-cost franchise have helped the country's second-largest private bank claim the top position Sandeep Bakhshi, MD & CEO, ICICI Bank -- Photograph by Rachit Goswami When 60-year-old Sandeep Bakhshi was pulled out from ICICI Prudential in early 2018 and asked to head ICICI Bank, the country's second-largest private sector bank was facing multiple challenges. One was instability due to the exit of Chanda Kochhar. Second was high level of non-performing assets or NPAs. Bakhshi, who grew up in a defence family, hopping from one school ...
Source: businesstoday.in