India's only listed credit-card company is a revolving door of embattled CEOs

25/03/2025 12 min Episodio 453
India's only listed credit-card company is a revolving door of embattled CEOs

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Episode Synopsis


Every two years, SBI Cards, India’s only listed credit card company, valued at $9 billion, appoints a new CEO. This time, it's going to be Salila Pande, a career banker who has been with SBI for over 30 years. On the 1st of April, she will take the reigns from her predecessor, Abhijit Chakravorty.However, it is going to be a tough few years for her. And the reason is like an open secret amongst SBI Cards executives. They just don’t get along with any of their CEOs in general.Tune in to find out why.Tell us what you thought of this episode on WhatsApp at +918971108379Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
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