A Fresh Start
The banking industry is trying to leave asset quality and governance issues behind. The 23rd edition of the BT KPMG Best Banks study zeroes in on those who thrived in spite of these challenges.
The Rs 152 lakh crore banking industry is yet to come out of the woods but is experiencing a breath of fresh air. There are new CEOs at some of the fast growing private sector banks such as ICICI Bank, Axis Bank, IDFC First Bank and YES Bank. Two other well run private banks HDFC Bank and IndusInd Bank will soon start the process to select their next heads. Consolidation has also been kicked off in right earnest.
The State Bank of India's mega merger with five associate banks has been a smooth affair. In fact, it has given
