Prof Ashok Kolaskar, Vice Chancellor, KIIT University, Dr Achyuta Samanta, Founder, KIIT University & KISS, Dr Karmarkar, MD, NABARD, distinguished guests, ladies and gentlemen. It is a pleasure and privilege to be here at the National Finance Conclave – 2010 being organized by School of Management, KIIT University, Bhubaneswar.
Since the financial crisis, regulatory emphasis have focussed more on capital. This has led many banks to divest themselves of ‘risky’ or capital intensive assets, businesses and even markets; this has also brought a sea change in bankers’ attitude towards risk and clearly marked the boundary between retail and wholesale banking.