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                                                                        BFSI Chronicle, 11  Edition September2022
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                                                Chairman’s Message
                                         We don’t need a TITLE to lead.
                                         We just need to care.
                                         People would rather follow a LEADER
                                         with a HEART than a leader with a TITLE.
                                                                                           - Craig Groeschel

           Yes, boss has the title, but a leader has the people.  remember, life is not about the steps you have taken
                                                              but the footprints you have left behind. Key to success
           Kindly allow me to congratulate you on the iconic  is PEOPLE. How do we do business? Touching their
                             th
           occasion of the 75  year of Indian Independence.  mind, heart and dreams.
           Let us commemorate this memorable occasion
           with renewed energy, ideas and most importantly,  India’s corporate earnings and quality of its balance
           Atmanirbhar Bharat as envisaged by our beloved  sheet are likely to outperform even among emerging
           Prime Minister. I wish and pray for a blessed festive  markets amid this festive season.
           season with full of happiness, good health, peace and
           prosperity. The Indian economy is showing resilience  Some of the features of the Indian economy are as
           and dynamism in spite of the geopolitical situation  follows: -
           and high risk aversion in financial markets that is
           stampeding portfolio investors and taking down all    India overtakes UK to become fifth largest
           currencies against the unrelenting strength of the      economy in the world
           US dollar. Let us kill excuses, kick negativity, kiss
           opportunities and marry goals. No one ever injured    FDI inflows improved to USD 13.6 Bn in Q1
           their eyesight by looking on the brighter side. Let us   this fiscal against USD 11.6 Bn in corresponding
           be positive and admire the positive things happening    last year and record high FDI in FY 22 at ` 6.31
           in our country with pride.                              trillion


           Kindness is like snow. It beautifies everything it    NPAs at 6 year low
           covers. There is a story behind every person. There is
           a reason why they are the way they are. Think about    Factory output at 8 months high in July 22
           that before we judge someone. Our days are happier
           when we give people a bit of our heart rather than    India- Asia’s strongest economy as per Morgan
           piece of our mind. The only decent thing to do behind   Stanley
           a person’s back is to PAT. A Human being, being
           human is the essence of effective leadership. Let us    Rating agencies upbeat about India


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