He was silently managing the crisis in India's banking sector then
Now he shares these stories in his memoir
It began from a modest house in one of the narrow lanes of the old city
of Meerut. From being a probationary officer in the State Bank of India
(SBI) in 1980 to its Chairman in 2017, Rajnish Kumar had an amazingly
interesting journey in which he saw the many changes in India's banking
sector that greatly impacted the country and its economy.
As the Chairman of SBI, Kumar recounts, his term was rather momentous as
the period-from 2017 to 2020-during which he shouldered this
responsibility was rather unique under any circumstances. The Indian
banking sector was going through one of its most tumultuous phases. The
problem of non-performing loans (NPLs) had severely impacted the balance
sheet and profitability of banks, especially those in the public sector.
In the aftermath of demonetization, the YES Bank fiasco, the crisis in
Jet Airways and NPLs, among others, The Custodian of Trust is a candid
memoir by the former Chairman of India's largest commercial bank.
Anecdotal, engaging and evocative, this book is an unputdownable memoir
of a former banker.