Business Standard

Low profits, high NPAs: Task cut out for Sandeep Bakhshi as ICICI Bank COO

In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy

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Nikhat Hetavkar Mumbai
For Sandeep Bakhshi, the going will be tough in his new role as the chief operating officer (COO) of ICICI Bank.

Fall in profits, rising non-performing assets (NPA) or bad loans and ambitious targets for the upcoming years are some of the challenges Bakhshi will have to deal with on the business front. 

In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image as well as investor confidence due to the ongoing controversy of alleged conflict of interest with respect to its managing director and chief executive Chanda Kochhar. 

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