RBL Bank turned shaky a few years ago and the regulator intervened by nominating one of its members to its board of directors to boost sagging confidence. In a management shakeout, the CEO was replaced. The new CEO, R Subramaniakumar, details the proposed turnaround and the lender’s strategic thrust in a conversation with Sangita Mehta and MC Govardhana Rangan. Edited excerpts:A few years ago, there were doubts about the survival of the bank. What was your strategy that pulled it back from the brink? Two episodes happened in the bank’s history, as far as the balance sheet is concerned. One was with respect to some of these four to five big loans that have defaulted, and the second was…
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