Latest news with #PraveenKutty
Economic Times
4 days ago
- Business
- Economic Times
Mind Over Money: From pitch to boardroom: how soccer shapes the leadership style of DCB Bank CEO Praveen Kutty
Q) How has your experience on the soccer field influenced your leadership style at DCB Bank? Is this how you keep yourself mentally fit? Live Events Q) Can you draw parallels between a soccer team's dynamics and your approach to managing teams in the bank? Q) You often talk about encouraging employees to take ownership—how do you create that sense of responsibility across levels? Q) How do you ensure team success is celebrated over individual achievements in a competitive corporate environment? Q) In your view, what are the qualities of a great team player—whether on the soccer field or in the boardroom? Q) Has your engagement with sports helped you manage pressure or setbacks in business more effectively? (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel In this edition of Mind Over Money , we spotlight Praveen Kutty , Managing Director and CEO of DCB Bank , whose leadership philosophy draws deeply from the soccer field.A passionate footballer off the clock, Kutty brings the same energy , strategic thinking, and team-first mindset into the understanding individual strengths to making quick decisions under pressure, he shares how the beautiful game continues to influence his approach to building agile teams, fostering ownership, and staying mentally sharp in a high-stakes corporate environment. Edited Excerpts –Absolutely. Soccer has shaped the way I think about teamwork, handling pressure, and strategic it's playing at gymkhanas, local clubs, or simply catching my favourite matches, the game keeps my passion alive and helps me stay mentally like in soccer, where every pass and movement is both calculated and fluid, leadership demands quick thinking and active through sport has taught me to maintain focus, manage stress, and make decisions on the go. It's one way I ensure I stay mentally fit for the game, both on the field and in the A soccer team consists of 11 players, including a goalkeeper, all aligned to one goal: winning. Similarly, in a bank, various departments and individuals must work with a shared has different strengths—some are defenders, some are forwards. Identifying these roles and placing people in the right positions is the responsibility of a good leader.A well-planned strategy, open group discussions, and clearly defined roles ensure the team moves in just like in soccer, where it's not only about the star striker but also the silent midfielder setting up the goal, success in business is driven by collective effort, not just individual brilliance.I also believe in rotating responsibilities occasionally, much like a coach might tweak formations or switch player roles to suit the strategy. It keeps the team agile, helps individuals grow, and gives them a deeper understanding of how the whole system doesn't come from micromanaging; it grows from trust, clarity, and DCB Bank, we focus on giving individuals the freedom to operate within well-defined goals. Much like in a soccer match, you don't tell a player every move—they train, prepare, and then make judgment calls during the we ensure teams have accountability frameworks in place, but culturally, we encourage risk-taking, learning from mistakes, and celebrating initiative. When employees feel their contribution matters to the larger goal, they step up and own is a team sport—you may have a hat-trick hero, but it's the entire squad that made it DCB Bank, we make it a point to acknowledge team wins. From project launches to quarterly milestones, we focus on appreciating every contributor, visible or behind the scenes.A strong team culture is about synergy. It's about passing the ball, creating space for others, and defending when needed. We drive this mindset by encouraging cross-functional collaboration and removing silos. Recognition is always shared, because no goal is scored alone.A great team player is alert, agile, and always has an eye on the bigger picture. They anticipate what's coming next and act accordingly, just like a midfielder reading the game before making a is another key quality. In both soccer and business, you'll face injuries, bad calls, or off days. But the will to keep playing—to keep showing up—is what separates good from beats talent when talent doesn't show up. Someone born with skills may lose their edge without practice, while a consistent player with the right mindset can go the same in business—you may not start with all the advantages, but discipline and perseverance take you Sports are a great outlet—they help you reset, recharge, and in particular, teaches you to stay calm under it's the last five minutes of a tight match or the final push to close a business deal, that muscle memory kicks in. You learn to read the field, pace your energy, and strike at the right staying physically active helps me make healthier choices. When the mind and body are aligned, you are better equipped to handle match has its highs and lows, and so does business. What matters is staying in the game and playing until the last whistle.
Time of India
4 days ago
- Business
- Time of India
Mind Over Money: From pitch to boardroom: how soccer shapes the leadership style of DCB Bank CEO Praveen Kutty
Q) How has your experience on the soccer field influenced your leadership style at DCB Bank? Is this how you keep yourself mentally fit? Live Events Q) Can you draw parallels between a soccer team's dynamics and your approach to managing teams in the bank? Q) You often talk about encouraging employees to take ownership—how do you create that sense of responsibility across levels? Q) How do you ensure team success is celebrated over individual achievements in a competitive corporate environment? Q) In your view, what are the qualities of a great team player—whether on the soccer field or in the boardroom? Q) Has your engagement with sports helped you manage pressure or setbacks in business more effectively? (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel In this edition of Mind Over Money , we spotlight Praveen Kutty , Managing Director and CEO of DCB Bank , whose leadership philosophy draws deeply from the soccer field.A passionate footballer off the clock, Kutty brings the same energy , strategic thinking, and team-first mindset into the understanding individual strengths to making quick decisions under pressure, he shares how the beautiful game continues to influence his approach to building agile teams, fostering ownership, and staying mentally sharp in a high-stakes corporate environment. Edited Excerpts –Absolutely. Soccer has shaped the way I think about teamwork, handling pressure, and strategic it's playing at gymkhanas, local clubs, or simply catching my favourite matches, the game keeps my passion alive and helps me stay mentally like in soccer, where every pass and movement is both calculated and fluid, leadership demands quick thinking and active through sport has taught me to maintain focus, manage stress, and make decisions on the go. It's one way I ensure I stay mentally fit for the game, both on the field and in the A soccer team consists of 11 players, including a goalkeeper, all aligned to one goal: winning. Similarly, in a bank, various departments and individuals must work with a shared has different strengths—some are defenders, some are forwards. Identifying these roles and placing people in the right positions is the responsibility of a good leader.A well-planned strategy, open group discussions, and clearly defined roles ensure the team moves in just like in soccer, where it's not only about the star striker but also the silent midfielder setting up the goal, success in business is driven by collective effort, not just individual brilliance.I also believe in rotating responsibilities occasionally, much like a coach might tweak formations or switch player roles to suit the strategy. It keeps the team agile, helps individuals grow, and gives them a deeper understanding of how the whole system doesn't come from micromanaging; it grows from trust, clarity, and DCB Bank, we focus on giving individuals the freedom to operate within well-defined goals. Much like in a soccer match, you don't tell a player every move—they train, prepare, and then make judgment calls during the we ensure teams have accountability frameworks in place, but culturally, we encourage risk-taking, learning from mistakes, and celebrating initiative. When employees feel their contribution matters to the larger goal, they step up and own is a team sport—you may have a hat-trick hero, but it's the entire squad that made it DCB Bank, we make it a point to acknowledge team wins. From project launches to quarterly milestones, we focus on appreciating every contributor, visible or behind the scenes.A strong team culture is about synergy. It's about passing the ball, creating space for others, and defending when needed. We drive this mindset by encouraging cross-functional collaboration and removing silos. Recognition is always shared, because no goal is scored alone.A great team player is alert, agile, and always has an eye on the bigger picture. They anticipate what's coming next and act accordingly, just like a midfielder reading the game before making a is another key quality. In both soccer and business, you'll face injuries, bad calls, or off days. But the will to keep playing—to keep showing up—is what separates good from beats talent when talent doesn't show up. Someone born with skills may lose their edge without practice, while a consistent player with the right mindset can go the same in business—you may not start with all the advantages, but discipline and perseverance take you Sports are a great outlet—they help you reset, recharge, and in particular, teaches you to stay calm under it's the last five minutes of a tight match or the final push to close a business deal, that muscle memory kicks in. You learn to read the field, pace your energy, and strike at the right staying physically active helps me make healthier choices. When the mind and body are aligned, you are better equipped to handle match has its highs and lows, and so does business. What matters is staying in the game and playing until the last whistle.
Business Standard
28-04-2025
- Business
- Business Standard
DCB Bank rises after Q4 PAT climbs 14% YoY to Rs 177 cr
DCB Bank rallied 5.43% to Rs 134 after the bank's standalone net profit jumped 13.74% to Rs 177.07 crore in Q4 FY25 as compared with Rs 155.68 crore in Q3 FY24. Total income increased 24.03% to Rs 1,960.71 crore in Q4 FY25 as against Rs 1580.82 crore in Q4 FY24. Profit before tax (PBT) jumped 13.6% YoY to Rs 238.18 crore in Q4 FY25. Net interest income (NII) climbed 9.84% to Rs 558 crore during the quarter as compared with Rs 508 crore posted in corresponding quarter last year. Deposits stood at Rs 60,031 crore as of 31st March 2025, registering the growth of 21.64% as compared with Rs 49,353 crore as of 31st March 2024. Net advances grew 22.67% year on year to Rs 51,047 crore in Q4 FY25. As of 31st March 2025, CASA ratio was at 24.25% as against 26.02% as of 31st March 2024. Gross non-performing assets (NPA) stood at Rs 1,554.43 crore as on 31st March 2025 as compared with Rs 1,353.47 crore as on 31st March 2024. Gross NPA ratio reduced to 2.99% in Q4 FY25 as compared with 3.23% in Q4 FY24. Net NPA ratio rose at 1.12% in Q4 FY25 as compared with 1.11% posted in the same quarter previous year. The Provision Coverage Ratio (PCR) as on March 31, 2025 was at 74.48% and PCR without considering Gold Loans NPAs was at 75.22%. Capital Adequacy continues to be strong and as on March 31, 2025, the Capital Adequacy Ratio was at 16.77% (with Tier I at 14.30% and Tier II at 2.47% as per Basel III norms). On financial year basis, the banks net profit increased 14.81% to Rs 615.33 crore in FY25 as compared with Rs 535.97 crore in FY24. Total income jumped 23.73% to Rs 7,221.10 crore in FY25 as compared with Rs 5,836.28 crore in FY24. Praveen Kutty, managing director & CEO said, The growth momentum continues to be robust across both advances and deposits. NIM is stabilizing and fee income continues to grow consistently. Productivity gains are reflected in the improving cost efficiency. We are happy to see the consistency in the improvement of portfolio quality despite the challenges posed by the environment. We expect that the measures we have taken will further improve these trends in the times to come. Meanwhile, the banks board recommended a dividend of Rs 1.35 per share of face value of Rs 10 each subject to approval of the Shareholders at the ensuing Annual General Meeting (AGM) of the Bank and other requisite approvals, if any. The dividend will be paid/despatched within the prescribed time, post approval of the Shareholders. Further, the banks board approved the resolution for fund raising through the issuance of debt securities including unsecured redeemable non-convertible subordinated basel III compliant Tier II Bonds up to Rs 500 crore (with green shoe option) by way of private placement in one or more tranches during the period of one year from the conclusion of the 30th Annual General Meeting of the Bank, subject to approval of the shareholders of the Bank and any other regulatory approvals, as may be required under the applicable laws. Furthermore, the board proposed to the members at the ensuing Annual General Meeting, for raising of funds up to Rs 750 crore by way of issue of equity shares / other securities convertible into equity shares through Qualified Institutions Placement, as may be required by the Bank from time to time, subject to approval of the Shareholders and other approvals, if any, as may be required under the applicable laws / regulations. DCB Bank is a new generation private sector bank with 464 branches across 20 states and 2 union territories. It is a scheduled commercial bank regulated by the Reserve Bank of India.
