Loan waivers compromise the credit discipline, says Syndicate Bank MD & CEO

Mrutyunjay Mahapatra says that credit discipline and credit culture are always impacted by the announcement of a debt waiver

Mrutyunjay Mahapatra, newly appointed managing director and chief executive officer at government-owned Syndicate Bank, tells Namrata Acharya where the organisation stands and talks about related matters. Edited excerpts:

What is your vision for the bank over the next year?

To build capability and find areas for growth, in a capital-light manner. Sectors which are growing and where we can grow, without exposing ourselves to the risk of additional capital in a big way, would be my focus area. Also, human resource and digital capacity building, and risk management.

How do you see the mix of corporate and retail assets (loans)