Sandeep Bakhshi
CEO & Managing Director
2018 – Present
8 years (current)
Key Decisions & Impact
Sandeep Bakhshi took over during the bank's most serious governance crisis and made credibility repair the foundation for growth. He strengthened risk management, reduced emphasis on poorly priced corporate exposure, improved asset-quality discipline, and shifted the strategic conversation toward risk-calibrated growth. At the same time, he accelerated digital engagement through iMobile, business banking through InstaBIZ, ecosystem partnerships, cards, wealth, and insurance-linked cross-sell. The measurable outcome has been stronger profitability, improved valuation support, and a bank that entered FY2026 with $193 billion (₹16,103.48 billion) in deposits, $161 billion (₹13,417.66 billion) in loans and advances, and a 4.32% FY2025 net interest margin.
Legacy
His pragmatic, disciplined restructuring of the bloated risk management hierarchy essentially saved the historic brand from total reputational collapse. His steady guidance provides the vital operational bridge required to merge physical banking with modern digital strategy, ensuring long-term profitability. His strategic focus on cloud scalability ensures the conglomerate will thrive well into the next century of enterprise innovation.