Veteran banker N Vaghul, who led the transformation of ICICI into a private sector lender, died on Saturday afternoon due to health complications. He was 88. Vaghul took over the reins of ICICI, then a public finance institution, in 1985 and turned it into a universal bank during his 11-year stint at the helm with the help of a young team as the economy liberalised.
| Subscribe To Our Free Newsletter |
