Union Bank of India


Indian banks: Tremendous opportunities but even bigger challenges


Indian banks: Tremendous opportunities but even bigger challenges

February 2011

(Part 1 of 4) Conversation with MV Nair, CEO, Union Bank of India, on – characteristics of Indian banking industry – hiring practices within the industry – commitment to retail banking


Indian banks: Tremendous opportunities but even bigger challenges


Indian banks: Tremendous opportunities but even bigger challenges

February 2011

(Part 2 of 4) Conversation with MV Nair, CEO, Union Bank of India, on – creating capacity to cater to India’s economic growth – expanding business model and using IT to increase customer base – regulations limit banks’ exposure in all sectors


Indian banks: Tremendous opportunities but even bigger challenges


Indian banks: Tremendous opportunities but even bigger challenges

February 2011

(Part 3 of 4) Conversation with MV Nair, CEO, Union Bank of India, on – high inflation and cost of capital cause for concern – agriculture productivity needs to be increased – government has not hindered state banks’ competitiveness


Indian banks: Tremendous opportunities but even bigger challenges


Indian banks: Tremendous opportunities but even bigger challenges

February 2011

(Part 4 of 4) Conversation with MV Nair, CEO, Union Bank of India, on – rise in alternative banking transactions as cost of IT is low – overseas expansion to support Indian corporations – legacy of largest nationalized retail bank in India