Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Business

HDFC, Kotak CEO departures put succession planning at India’s private banks under scrutiny

Abrupt departures from some of India's top private banks in recent months have exposed a need for better succession ​planning, prompting investors to question how likely such lenders are to stick with long-term business strategies.

India's $3.3-trillion banking sector has drawn strong interest in recent years from foreign investors betting on its earnings prospects in one of the world's fastest growing economies, marked by steady management and business strategies.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.