Shyam Srinivasan

"We have seen reasonably good growth and the outlook for growth remains quite constructive and positive. Now we must raise capital for funding the next wave of growth," said Shyam Srinivasan

NII up 19.1% to Rs 1,762 crore, other income rises 24% to Rs 610 crore

'On balance, most of us have come out fairly unscathed with good-quality provisioning and portfolios', said Srinivasan

Estimates indicate that by 2025 about 130 zettabytes of data in the world will be unstructured.

In a Q&A, Shyam Srinivasan says he wants the lender to be a predictable and trustworthy brand. He also expects home loan interest rate wars to erupt in the festive season

Private sector Federal Bank on Friday said it has received approval from the RBI to re-appoint Shyam Srinivasan as its MD and CEO for three years. Srinivasan took charge as MD and CEO of the lender on September 23, 2010. "We wish to inform you that the approval from Reserve Bank of India has been received on July 9, 2021 for the re-appointment of Shyam Srinivasan as the MD & CEO of the bank for a period of three years with effect from September 23, 2021 till September 22, 2024," Federal Bank said in a regulatory filing. Earlier in July 2020, the South-based lender had received RBI's nod for reappointment of Srinivasan as Managing Director and Chief Executive Officer till September 22, 2021. He had joined Federal Bank with the experience of over 20 years with leading multinational banks in India, Middle East and South East Asia. He has significant expertise in retail lending, wealth management and small and medium enterprises (SME) banking, it said. Srinivasan is an alumnus of the

Under Shyam Srinivasan, Federal Bank has transitioned from a small regional bank to one that regularly punches above its weight

I am ready to play the long game, which means that sometimes governance takes premium overshort-term tradeoffs , says CEO Srinivasan

Five-member jury chooses him for consistency of performance

'Please don't get swayed by wrinkles in intra-quarter or intra-year. If anybody tells me that they are running a bank that is wrinkle free, suspect the numbers,' says Srinivasan

Said that the market will take between three to five years to develop given the huge financing demand from the infrastructure sector