Mahesh Jain is IDBI Bank's new CEO

Jain's focus areas: Retail loans, bad assets resolution

Protection of the bottom line, focus on retail lending and resolution of bad assets will be the key priorities of the new managing director and chief executive officer of IDBI Bank, Mahesh Kumar Jain.

Soon after taking charge on Monday, Jain went into a huddle with top managers to review conditions at the bank. Later, addressing employees, he sought their cooperation to ride successfully out of the present trying times. 

He told employees during a brief interaction that the fruits of collective efforts will go to them, while he will take responsibility for any setback.

The government has transferred K Kharat, erstwhile managing