Karur Vysya Bank MD said will focus on MSMEs as our strongest segment BANK NEWS
New Delhi: The Managing Director and Chief Executive Officer of Karur Vysya Bank Ramesh Babu Boddu said that the bank will more focus on the MSME sector and it is very beneficial and the strongest segment for the bank.
He said it is a very harsh time of the pandemic and the whole banking sector is suffering from it. It is not easy to head an organization in this pandemic. Shri Ramesh Babu Boddu said the timing proved “a rich learning experience”, as he managed to get a 360-degree perspective of the 104-year-old institution during the quarantine period (after relocating to Karur from Mumbai)
“I was initially perplexed about the quarantine, thought it could be an unnerving fortnight, but looking back, I now realize that the discussions I had with every stakeholder – be it investors, customers, branch managers or the various teams within the bank – opened my eyes to certain ground-level realities, an opportunity to understand the SWOT (Strengths, Weaknesses, Opportunities, and Threats) of the bank via 55 video conferences in 14 days,” he mentions in an interview with BusinessLine. “I don’t think it would have been possible to discuss as many things if I had come over to office soon after my arrival from Mumbai,” said the former Deputy Managing Director of State Bank of India.
Posted Date : 18-09-20
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