For the second consecutive year, the Jury deliberated by video conferencing to select the Business Standard Banker of the Year 2020-21, owing to the pandemic-related restrictions. The year 2020-21 was the first financial year when the business world was held hostage by Covid-19. Naturally, the performance of banks and their chief executives was seen in the light of this once-in-a-century phenomenon.
The pandemic forced the government to impose stringent restrictions by the end of March 2020, to curb the spread of infection. This had an adverse impact on the Indian economy, which contracted by 6.6 per cent in 2020-21. For