‘We are now treading cautiously on lending’

Monday, November 19, 2012

Dena Bank Chairperson and Managing Director Nupur Mitra, who is due to retire on December 31 this year, feels that customers at the bottom of the pyramid offer lot of opportunities for banks to expand business.

Mitra, who assumed charge as the chief of the public sector bank on November 1 last year, is the first woman chief of Dena Bank, which has a large branch network in Gujarat and Maharashtra.

Mitra, who started her banking career as a direct recruit officer with Bank of India in 1975, spoke to Business Line on how she has changed Dena Bank’s lending strategy, business diversification and unfinished agenda:

Source: The Hindu Business Line (link opens in a new window)

Entrepreneurship, Financial Inclusion
Base of the Pyramid, business development, microcredit, microfinance