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Skoch Financial Inclusion & Deepening Award



Excellence in Banking
         
Excellence in Banking
Arun Kaul, CMD, UCO Bank
  Banker of the Year
Rana Kapoor, MD & CEO, YES BANK
  Excellence in Life Insurance
Anuj Agarwal, MD & CEO,
Bajaj Allianz Life Insurance
         
Innovation
R K Dubey, CMD, Canara Bank
  Excellence in Non-Life Insurance
G Srinivasan, CMD, New India Assurance
  Excellence in Banking
K Lakshmana Rao, Chairman,
Andhra Pradesh Grameena Vikas Bank
         
Financial Inclusion
Arun Tiwari, CMD, Union Bank of India
  Excellence in Life Insurance
Atanu Sen, MD & CEO, SBI Life Insurance
  Financial Inclusion
Aruna Sharma, Additional Chief Secretary,
Government of Madhya Pradesh
         
Access to Financial Services
V R Iyer, CMD, Bank of India
  SME Enablement
Ashishkumar Chauhan, MD & CEO, BSE
   

Rana Kapoor Banker of the year
In a year that saw deep changes in India’s political and economic landscape, the country’s banking sector witnessed heightened competitive pressures on the one hand and new players after almost a decade, on the other. It was amidst this difficult, yet optimistic environment that Rana Kapoor, Founder, MD and CEO led YES BANK to new and innovative heights. With the vision of “Building the Best Quality Bank of the World in India” by 2020, Kapoor’s immediate strategy for the year that went by however banked on three critical drivers: successfully shoring up the financial health of the Bank, Responsible Banking through a well thought-out Development Agenda and focus on the Sunrise sectors. In the process, Kapoor, a professional entrepreneur since 2003 demonstrated that he could build a greenfield bank from scratch to it being the fourth largest private sector bank in India. Under its community programme, the bank is working with NSDC and Government of J&K to train and create employment opportunities for youth in the state. Through Cooperative Tourism, the bank is aimed at providing livelihood to rural sector in Uttarakhand and West Bengal.

Platinum performances of Indian financial sector


R K Dubey, CMD, Canara Bank recieves Skoch Award from Meenakshi Lekhi and Sameer Kochhar


V R Iyer, CMD, Bank of India recieves Skoch Award from Zohra Chatterji and Sameer Kochhar


K Lakshmana Rao, Chairman, Andhra Pradesh Grameena Vikas Bank recieves Skoch Award from Meenakshi Lekhi, Vinod Rai and Sameer Kochhar


Arun Kaul, CMD, UCO Bank recieves Skoch Award from Meenakshi Lekhi and Sameer Kochhar


Atanu Sen, MD & CEO, SBI Life recieves Skoch Award from Meenakshi Lekhi, Sameer Kochhar and Manisha Kochhar


K Subrahmanyam, ED, Union Bank of India recieves Skoch Award on behalf of Arun Tiwari, CMD from Meenakshi Lekhi, Vinod Rai and Sameer Kochhar


G Srinivasan, CMD, New India Assurance recieves Skoch Award from Vinod Rai


Anuj Agarwal, MD & CEO, Bajaj Allianz Life Insurance recieves Skoch Award from Vinod Rai


Aruna Sharma, Addl. Chief Secretary, Madhya Pradesh recieves Skoch Award from Meenakshi Lekhi and Sameer Kochhar


Ashishkumar Chauhan, MD & CEO, BSE Ltd recieves Skoch Award from Vinod Rai

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Economists Agonize Over a ModiNomics Budget
Atul K Thakur
The new government’s preferences are akin to the developmental thinking of Prime Minister, who puts priority on top and work on that. As clearly visible, the budget underlined some of the key visions configured in the first chapter from ModiNomics...
...read more  
 
On Budget»
A Budget for Rural India
K G Karmakar
This budget is not about financial markets, not about reforms, not about kick- starting the economy and is also not about banking reforms and what have you. This is a solid budget for Rural India and if the rural economy is safe, India’s economic growth is not in doubt. This budget is aimed largely at Rural India and we need to look at it from a rural perspective and it begins to make sound economic sense. There are a whole lot of goodies for the rural sector, analyses K G Karmakar
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modinomics
Q & A »
Indian Financial Sector on the Edge of a Precipice says Yashwant Sinha
Excerpts from an interview with Sameer Kochhar, Editor-in-Chief, INCLUSION
Question: What do you think of India’s financial sector performance?
Answer: We are really on the edge of a precipice in India as far as the financial sector is concerned. A declining, decelerating economy has created enormous problems for our public sector banks ...read more  

 
 
Feedback »
Feedback - Inclusion:
Effective Leadership Is The Answer


The article by Mr Tarapore on the 'Financial problems of MSMEs' is an excellent piece, a well researched one.  RBI, SIDBI et al should look at the issues flagged by the author and see that the MSME sector gets better deal. As he has mentioned it is more a 'glamour' in lending to larger units than MSMEs. See the way every banker has walked in to lend to King Fisher Airlines which has left a huge NPA of over Rs.7000 crore with very little hope of recovering it from the owners. Recently, the newspaper report mentions that the CBI when approached the SBI, the consortium banker to provide certain information on KFA, the latter had refused to do so. The RBI has also not taken any forensic study to see if any complicity in financing such large units. It is sad its own representatives are on the Boards of these banks which have lent huge loans to KFA and others. It is sad to see that Mr Mallaya is happily watching the IPL matches cheer-leading his cricket team while 1000s of KFA employees are in the lurch without any pay for months on. Will RBI listen to the cries of common man? 
Dr S Santhanam PhD(Eco), CAIIB General Manager (Retd), NABARD & Consultant - Development Finance Pune

Feedback - Inclusion:
Ideas for Growth, October-December 2013



I appreciate your thoughtfulness.
Manohar Parrikar, Chief Minister, Goa

 
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