Figuring Out · FO109

In today’s episode of Figuring Out, our guest is loyalty personified. Mr. Rajnish Kumar has served as the Ex Chairman of SBI and is currently the chairman of Bharatpe and on the advisory board for several big companies. He has been with SBI for nearly 4 decades and discusses the changing dynamics of loyalty in the corporate world. Our guest shares valuable insights from his tenure at SBI, shedding light on the reasons behind diminishing loyalty and the factors influencing it.

1. 00:00Introduction
2. 2:21How to build a team?
3. 3:15Amazon’s 2 pizza rule
4. 4:50Loyalty factor in employees
5. 8:00BTS of Demonetisation in India
6. 11:20Why does SBI always have long queues?
7. 17:03Did banks already know about demonetisation?
8. 21:26Salary of an SBI chairman
9. 26:27Compensation for a retired chairman in the market
10. 27:28Salary of a board member
11. 28:40Jet Airways fiasco
12. 31:33Is the Airline industry cursed?
13. 34:44Are banks villains?
14. 37:08Mallya’s case: Personal liability Vs Company’s liability
15. 40:18Why did he join BharatPe?
16. 42:35What went wrong at BharatPe?
17. 43:22Does negative comments bother him?
18. 47:31Why is BharatPe’s social media commenting turned off?
19. 48:10Why did the CEO of BharatPe quit?
20. 49:03Does his stature get affected?
21. 51:46Insides of BharatPe
22. 56:11Advice for young founders
23. 58:19Conclusion