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From financials to people issues, 2019 may well be the year of reckoning

Are we looking at reduced terms for CEOs at private banks, say not more than two-terms? Don't be surprised if this were to happen

2019
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Image: iStock

Raghu Mohan
With the dawn of a new year, a complete review of a few long grid-locked issues will be on the cards. Be it the recapitalisation of state-run banks, leadership concerns, reluctance on the part of banks to recalibrate their business models, the way they go about their off-site servicing of customers, or staffing and human resource problems. Outlined are the top five problems that will engage us down the road.

Two cheers are enough

At long last, the Centre decided to infuse an additional Rs 830 billion into state-run banks, up 63 per cent, taking the total corpus to Rs