Trust but verify!
Personal View;
In the current digital world, our dependency is significantly high on Google, sometimes I ponder whether Google can replace the knowledge transitions from parents /teachers what used to be in our case.
Well I was recently doing a search for best bankers (banking leaders) in India, as usual it was a search in google.
Off course It was bit surprising considering the recent episodes- there are pending cases against many in that list. Comes to a conclusion for common people who have no link with the reality: they will never know the true Bankers who have done so much to the banking sector and country like- Mr. Aditya Puri- created a behemoth - most admired Indian Bank. Now HDFC Bank never focused on a quick success like other peers rather a sustainable success- build a retail franchise which is unparallel and irreplaceable. One can build a large book especially focused on wholesale with quick time…..which many banks chose to, but you need to really sweat it out if you have to build a well distributed retail book. Numbers speak for themselves; 50% Credit card market is with HDFC also the mid -market. Simply go to Kirana store ask where is your account- 1 out 3 will say HDFC, that’s dominance. Play the game simple and keep it simple.
Other aspect People say one other bank has produced many leaders. I think revolutions happen when there is one leader and many followers. Today the Market Capitalization of HDFC bank is more than the Market Capitalization of put together all the institutions (more than 6) led by the leaders produced by the other bank .This brings to a classic conclusion marketing will give you early success but not a sustainable success without the fundamentals and a right intent.
One of the less spoken legend is Late Mr. Nanoo Pamnani- at time the boss of Mr. Aditya Puri, Where is his name in the list?. https://www.businesstoday.in/current/corporate/remembering-nanoo-pamnani-a-quintessential-banker/story/396813.html
My recommendation go for the Trust but verify approach for these results.
Principal Consultant @ INFOSYS
3 年Hi Kumar Ayashkanta who will be your top 10. Look forward to reading that. And do we consider Central Bank professionals as Bankers :). Many from that category also should be in the List.
Investment Risk Professional | CFA (All Levels Cleared) | FRM |
4 年Good read!
Corporate Banking professional with more than 2 decades of experience & proven track record of origination across Capital Markets, Corporate Finance, Structured Credit, Financial Markets and Transaction Banking products
4 年Good observation Kumar ??
CFO | BFSI | CA with AIR 9 in PCC (Level 2) and AIR 15 in PE-I (Level 1)
4 年Well articulated !!
Learner, Avid reader, Yoga enthusiast
4 年Well said