And all of it is only to quench the thirst of India Inc. “Assuming a syste
mic growth of 25% in lending, this capital should be good for the next three years,’’ K.V. Kamath, CEO, ICICI Bank said in an interview. A part of this capital is also meant for bearing the capital charge once the bank migrates to Basel II norms applicable from March, 2008. But, the flip side of ICICI’s belligerent growth is beginning to show, as peak hour banking for consumers has already begun to result in never ending queues. When Kamath goes out to score more growth, this is a botch-up he can ill afford!
For Complete IIPM Article, Click on IIPM Article
mic growth of 25% in lending, this capital should be good for the next three years,’’ K.V. Kamath, CEO, ICICI Bank said in an interview. A part of this capital is also meant for bearing the capital charge once the bank migrates to Basel II norms applicable from March, 2008. But, the flip side of ICICI’s belligerent growth is beginning to show, as peak hour banking for consumers has already begun to result in never ending queues. When Kamath goes out to score more growth, this is a botch-up he can ill afford!For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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