Nobody knows who Aditya Puri’s successor will be. At a time when new entrants are hoping to disrupt the cost of banking, it should concern investors.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
Limited time offer $125 $99 for 1 year
The increasing convergence of sales and service functions, with consequent non-stop pressure to meet targets, has seen employees jump ship in droves. This has the potential to adversely impact the financial institutions’ health.
The private sector lender must, perforce, list HDB Financial Services by September 2025. Besides a time crunch, it has to contend with an RBI proposal that could put paid to its valuation hopes—all in the midst of battling crises within.
Personal loans in India have seen excessive growth, fuelling risky investments like speculative trading. Things will not end well for lenders when the music stops playing.