'We can't be direct lenders because there are limitations', said Sabharwal
No other bank in the country has almost its entire top brass so closely associated with its helmsman throughout the larger part of their careers
Tata Capital today named Rajiv Sabharwal as its next CEO and MD who will take charge from April next year. Sabharwal will join Tata Capital in January 2018 and would take over the position from current Managing Director & CEO Praveen P Kadle, Tata Capital said. Kadle will assume other responsibilities in the Tata Group effective April 1, 2018. "With India's financial sector growing at a rapid pace, we are confident that his extensive experience will be highly beneficial as we expand our footprint in this industry. His expertise and knowledge will help Tata Capital chart the next phase of growth in financial services," N Chandrasekaran, Chairman, Tata Sons said in a statement. An IIT graduate from Delhi and post graduate from IIM Lucknow, Sabharwal currently is a partner at True North Managers LLP, formerly India Value Fund Advisors. He is a banking veteran of over 26 years experience and served as executive director on ICICI Bank's board before joining True ...
Sabharwal has over 26 years' experience in the financial sector and was executive director on ICICI Bank's board till January 2017