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Latest Articles in magazine issue 4 April 2021
Prudence & Pragmatism
HDFC Bank put in place key digital innovations including ‘My Account My Choice’ where its CASA customers could choose an account number of their choice while opening an account; 66,000-plus accounts were activated with book balance of over Rs 5,000 crore, the bank said.
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“Retail Has To Be Driven By Digital Means”
In a conversation with BW Businessworld’s Chairman and Editor-in-Chief Annurag Batra, Saloni Narayan, DMD, State Bank of India talks about how the State Bank of India faced various challenges posed by the pandemic and overcame them
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The Power of Leadership Conversations for Managers
For decades, great leaders have sworn by the value of 1-on-1s. Yet, there wasn’t always qualitative evidence to back it up. Fortunately, now there is.
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Editor's Letter: The Crème De La Crème
In this issue of BW Businessworld, we bring out the BW Real 500 list in these special times, when many corporations and enterprises have emerged stronger and more resilient through this test of fire.
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Strength To Strength
Axis Bank successfully raised Rs 12,500 crore through one of the largest ever QIP issued by any pri‑ vate sector entity. This
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Aiming For The Skies
Total deposits of the bank soared to Rs 9,45,985 crore as on March 31, 2020, advances swelled to Rs 6,90,121 crore, net interest margin (NIM) remained stable at 2.72 per cent and operating profit touched Rs 19,691 crore.
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Adding To The Numbers
The bank’s ability to leverage technology combined with analytical insights and partnerships created new ways of serving customers through digital journeys and one-stop solutions for all banking needs in FY20.
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The Crown King
The bank’s operating profit stood at Rs 68,133 crore in F Y20 as compared to Rs 55,436 crore in the previous year.
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Master Of Execution
The transformation and digital strategy launched in January 2018 has been well received by their clients and leadership team has executed it well.
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Fighting Spirit
Mahindra Group is a $19.4-billion federation of companies that is providing innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities.
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Towards Self-Reliance
Coal India as a whole produced 602.14 MT of coal during 2019-20 accomplishing 91 per cent of the targeted production.
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Powering Ahead
NTPC aims to focus on carbon-free mobility solutions including EV charging, EV transportation/hydrogen FCEV transportation, and is also actively looking at power distribution, wasteto-energy, and consultancy business and increasing global footprint.
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Showing Off Mettle
Hindalco delivered a strong consolidated performance in FY2019-20, reflecting its resilience to withstand market cycles.
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Steadfast As Steel
Tata Steel is focusing on conserving cash and ensuring adequate liquidity to ride out any potential disruptions.
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Engineering Success
Revenue from the hydrocarbon business, which contributed 11 per cent to total revenue, grew 15.1 per cent year-on-year to Rs 4,979.2 crore and EBIT jumped 30 per cent to Rs 502.3 crore.
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