Asit Kumar Nandi

Asit Kumar Nandi

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location of Asit Kumar NandiMumbai, Maharashtra, India

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  • Timeline

  • About me

    Deputy General Manager | State Bank of India | Banking & Financial Services | Business Development | Branch Operations | Inspection & Audit | Customer Success

  • Education

    • ST. COLUMBA'S COLLEGE, HAZARIBAG

      1981 - 1984
      B.A. Economics (Hons) – Economics & Statistics Economics 88%
    • ANNADA COLLEGE, HAZARIBAG

      1978 - 1979
      AISSE 83%
    • ST. COLUMBA'S COLLEGE, HAZARIBAG

      1979 - 1981
      AISSCE – Intermediate in Arts (with Economics) Arts 70%

      Activities and Societies: Football Club

  • Experience

    • State Bank of India

      Oct 1983 - Sept 2023

      1. Conduct comprehensive economic research and analysis to support decision-making processes, resulting in the development of effective strategies and policies.2. Oversee a team of economic researchers, providing guidance and mentoring to enhance performance and ensure high-quality deliverables.3. Implement innovative data collection and analysis methods, resulting in the improvement of accuracy and efficiency in economic forecasting.4. Collaborate with cross-functional teams to present research findings and recommendations to senior management, facilitating informed decision-making and driving business growth. Show less 1. Led a team of internal auditors to conduct comprehensive risk assessments and implemented a robust internal control framework, resulting in a 30% reduction in potential fraud incidents.2. Developed and executed an annual audit plan, ensuring compliance with regulatory requirements and industry best practices, resulting in a 95% compliance score from external auditors.3. Implemented a standardized audit methodology across the organization, reducing duplication of efforts and improving efficiency by 20%.4. Collaborated with cross-functional teams to identify process gaps and implemented remediation measures to mitigate risks, resulting in a 25% reduction in operational deficiencies. Show less 1. Led a successful business expansion initiative in Davangere module, resulting in a potential increase in revenue within the first year.2. Streamlined operational processes and implemented a new inventory management system, reducing costs by 15% and improving overall efficiency.3. Developed and executed a comprehensive marketing strategy, resulting in a 20% growth in customer base over a six-month period.4. Oversaw a team of 1500+ employees, providing leadership, training, and mentoring to ensure high levels of productivity and employee satisfaction. Show less 1. Successfully managed a team of 108 real estate agents, overseeing their daily activities, setting sales targets, and providing guidance and training resulting in a 30% increase in overall sales volume.2. Developed and implemented a strategic marketing plan for a new housing loan product, resulting in a 30% increase in loan applications within the first six months.3. Negotiated and closed complex real estate deals, ensuring compliance with legal and regulatory requirements, resulting in a 15% increase in revenue for the organization. Show less 1. Drove and executed HR department's strategic plans in alignment with organizational goals.2. Handled employee grievances, fostered a positive work environment, and promoted employee engagement.3. Ensured compliance with labor laws, developed HR policies on Employee Pension/Provident Fund/Gratuity, and communicated them effectively.4. Introduced family floater Mediclaim policies for whole-time directors and retirees.5. Prepared a comprehensive handbook on superannuation benefits for retirees of the organization. Show less 1. Managed and oversaw branch operations, including budgeting, staffing, and performance evaluation, resulting in a streamlined and efficient workflow.2. Developed and implemented strategic plans to increase branch profitability, resulting in a substantial increase in revenue within the first year.3. Led a team of 20+ employees, providing coaching and mentorship to enhance productivity and achieve business objectives.4. Implemented new administrative processes and systems, resulting in improved data accuracy and a potential reduction in operational costs. Show less

      • Deputy General Manager

        Nov 1983 - Sept 2023
      • Deputy General Manager - Internal Audit & Compliance

        Jun 2019 - Jun 2021
      • Deputy General Manager (Module) - Business & Operations

        Jun 2018 - Jun 2019
      • Deputy General Manager - Real Estate & Housing Loan

        Nov 2016 - Jun 2018
      • Asst. General Manager - Human Resources

        Jan 2010 - Nov 2016
      • Chief/Deputy Manager - Branch and Zone Administration

        Oct 1983 - Dec 2009
  • Licenses & Certifications

    • Specialized Training in Digital Banking and IT for GMs and DGMs

      State Bank Institute of Leadership, Kolkata
      Feb 2020
    • EdX Verified Certificate for Teamwork & Collaboration

      EdX
      Nov 2021
      View certificate certificate
    • CAIIB/Certified Associate of Indian Institute of Bankers

      Indian Institute of Banking and Finance
      Jul 1989
    • EdX Verified Certificate for Management - Becoming an Effective Leader

      EdX
      Oct 2022
      View certificate certificate
    • Financial Development and Inclusion

      International Monetary Fund
      Jan 2021
    • EdX Verified Certificate for People Management

      EdX
      Feb 2021
      View certificate certificate
    • EdX Verified Certificate for Working in Teams: A Practical Guide

      EdX
      Dec 2019
      View certificate certificate
    • EdX Professional Certificate for Risks in Project Finance: Case Studies and Analysis

      EdX
      Nov 2021
      View certificate certificate
    • EdX Verified Certificate for Rise to Leadership: Become a CEO

      EdX
      Dec 2019
      View certificate certificate
    • Anti-Money Laundering and Know Your Customer

      Indian Institute of Banking and Finance
      Feb 2015
    • Customer Service & Banking Code and Standards

      Indian Institute of Banking and Finance
      Feb 2016
    • EdX Verified Certificate for Information Security - Introduction to Information Security

      EdX
      Dec 2022
      View certificate certificate
    • Financial Planning

      Financial Planning Standards Board Ltd.
      Feb 2014
    • EdX Verified Certificate for Information Security - Introduction to Information Security

      EdX
      Dec 2022
      View certificate certificate
    • EdX Verified Certificate for Financial Development and Financial Inclusion

      EdX
      Jan 2021
      View certificate certificate