rakesh sharma

Ltd.’s chief executive officer said the lender is likely to recoup 195 billion rupees ($2.4 billion) on soured debt in his pitch to potential buyers amid India’s planned auction of the firm. “We are sitting on about 780 billion rupees…

A year after exiting the Reserve Bank of India-imposed restrictions, LIC-owned IDBI Bank is strengthening every financial metric, including an enviable deposits franchise, its chief executive Rakesh Sharma said. As the government looks…