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Band-Aid Approach to Banks’ Clean Up – Leadership

Band-Aid Approach to Banks’ Clean Up – Leadership

Band-Aid Approach to Banks’ Clean Up – Leadership

What is at the core of all issues faced by our banks? PSB & some private banks too? Many of them. BFSI?

  • Mere capitalization is not enough. It is ‘band-aid’ approach. Taxpayers’ money is not perpetually available to support our banking system (also other businesses like Air India)
  • Leadership ‘changes (‘comprehensive reshuffle of top executives’!) at banks alone will not be enough. Band-aid yet again.
  • Is RBI or Finance Ministry capable or the right people to handle HR issues at the highest level?
  • Govt has always been part of the problem

At the core of all issues is #leadership. Of course banks, but also leadership at Govt, Govt agencies, Central bank… The choice is between a transactional #bandaid Vs. Transformational Shift

https://economictimes.indiatimes.com/industry/banking/finance/leadership-changes-likely-in-some-public-sector-banks/articleshow/62687654.cms

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