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The custodian of trust: a banker's memoir

By: Kumar, RajnishMaterial type: TextTextPublication details: Haryana Penguin Random House India Pvt. Ltd. 2021 Description: xix, 261 pISBN: 9780670095773Subject(s): Bankers | Banks and bankingDDC classification: 332.1092 Summary: It began from a modest house in one of the narrowest lanes of the old city of Meerut. From being a probationary officer in the State Bank of India (SBI) in 1980 to its Chairman in 2017, Rajnish Kumar had an amazingly interesting journey in which he saw the many changes in India’s banking sector that greatly impacted the country and its economy. As the Chairman of SBI, Kumar recounts, his term was rather momentous as the period-from 2017 to 2020-during which he shouldered this responsibility was rather unique under any circumstances. The Indian banking sector was going through one of its most tumultuous phases. The problem of non-performing loans (NPLs) had severely impacted the balance sheet and profitability of banks, especially those in the public sector. In the aftermath of demonetization, the YES Bank fiasco, the crisis in Jet Airways and NPLs, among others, The Custodian of Trust is a candid memoir by the former Chairman of India’s largest commercial bank. Anecdotal, engaging and evocative, this book is an unputdownable memoir of a former banker.
List(s) this item appears in: Non Fiction | Finance & Accounting
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Book Book Indian Institute of Management LRC
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Non-fiction 332.1092 KUM (Browse shelf(Opens below)) 1 Available 004430

It began from a modest house in one of the narrowest lanes of the old city of Meerut. From being a probationary officer in the State Bank of India (SBI) in 1980 to its Chairman in 2017, Rajnish Kumar had an amazingly interesting journey in which he saw the many changes in India’s banking sector that greatly impacted the country and its economy.

As the Chairman of SBI, Kumar recounts, his term was rather momentous as the period-from 2017 to 2020-during which he shouldered this responsibility was rather unique under any circumstances. The Indian banking sector was going through one of its most tumultuous phases. The problem of non-performing loans (NPLs) had severely impacted the balance sheet and profitability of banks, especially those in the public sector.

In the aftermath of demonetization, the YES Bank fiasco, the crisis in Jet Airways and NPLs, among others, The Custodian of Trust is a candid memoir by the former Chairman of India’s largest commercial bank. Anecdotal, engaging and evocative, this book is an unputdownable memoir of a former banker.

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