
Mind Over Money: Discipline, humility, and dal-chawal: Ganesh Mohan of Bajaj Finserv AMC on his Everest base camp trek
In a world driven by deadlines and high-stakes decisions, mental clarity often feels like a luxury. But for
Ganesh Mohan
, Managing Director of
Bajaj Finserv AMC
, it's a necessity—sharpened not just in boardrooms but also at 4,000 metres above sea level.
In this edition of Mind Over Money, Mohan takes us through his transformative journey to the
Everest base camp
, where every step became a lesson in grit, every meal a moment of gratitude, and the majestic mountains a reminder of humility.
As he reflects on how the rigours of the trek mirrored the challenges of leadership, Mohan shares how staying grounded—sometimes with just a bowl of dal-chawal—can power extraordinary
mental resilience
. Edited Excerpts –
Play Video
Pause
Skip Backward
Skip Forward
Unmute
Current Time
0:00
/
Duration
0:00
Loaded
:
0%
0:00
Stream Type
LIVE
Seek to live, currently behind live
LIVE
Remaining Time
-
0:00
1x
Playback Rate
Chapters
Chapters
Descriptions
descriptions off
, selected
Captions
captions settings
, opens captions settings dialog
captions off
, selected
Audio Track
default
, selected
Picture-in-Picture
Fullscreen
This is a modal window.
Beginning of dialog window. Escape will cancel and close the window.
Text
Color
White
Black
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Text Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Transparent
Caption Area Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Transparent
Semi-Transparent
Opaque
Font Size
50%
75%
100%
125%
150%
175%
200%
300%
400%
Text Edge Style
None
Raised
Depressed
Uniform
Drop shadow
Font Family
Proportional Sans-Serif
Monospace Sans-Serif
Proportional Serif
Monospace Serif
Casual
Script
Small Caps
Reset
restore all settings to the default values
Done
Close Modal Dialog
End of dialog window.
Q) Thanks for taking the time out. As the managing director of a fast-paced asset management company, how do you maintain your mental well-being amidst constant demands and decisions?
A)
For any leader today, a key mental well-being priority is about managing and maintaining balance.
Live Events
This balance spans multiple areas - between diving into the details versus being able to zoom out to see the big picture; dedicating chunks of time to daily firefighting versus long-term strategic thinking, as well as between being fully hands-on versus having time to disconnect and recharge.
This is even more so in a business like ours, where the markets have their own daily ups and downs. To be able to successfully manage your mental well-being in such an environment, you need to be able to compartmentalise your thoughts, time, and efforts.
Creating time boxes for specific types of activities, being fully immersed in whatever you do at any time, as well as having interests outside work that allow you to recharge yourself, are all critical to maintaining mental well-being & effectiveness at the workplace.
After doing all the above, if I am still stressed about something, I ask myself a simple question, "Will this issue matter to me in five years' time?'
In most cases, a perspective like that can help address a lot of what seems like an insurmountable problem at the time.
Q) You mentioned Indian classical music has been a part of your life since childhood. How does music help you stay centred and mentally calm?
A)
I believe that
classical music
(whether Hindustani, Carnatic, or any other form) strongly aids mental development and connects at a very subtle level with our mental energy.
Appreciating classical music requires you to have patience and discipline. It requires you to practice regularly and go through a rigorous structure to improve your own understanding and ability.
All these traits help build mental resilience and a more centred approach, which naturally extends into your daily life as well.
Q) Trekking to the base of Mount Everest is no small feat - how did that experience challenge your mental toughness and shape your perspective?
A) The Everest base camp trek taught me fundamentally about two critical things - grit and gratitude. The grit part is obvious since it requires extensive training ahead of the trek as well as significant endurance while on the trek.
Waking up at 5 AM every day to practice as well as walking over 15 km every day on an uphill trek are not easy at all and build tremendous mental fortitude. But the true gift that I received from the trek was that of gratitude.
When you come face-to-face with the imposing presence of the mountain, you realise that you do not climb and conquer it, but rather you navigate it with discipline, respect, and humility - one step at a time.
At altitudes above 4,000 m, life is stripped down to its essentials, and you learn to appreciate what you have been given. A bowl of dal-chawal or even a tin shed for shelter feels like a luxury up there.
Above all, it helps you adapt to tough environments with a smile that you can see perennially on the faces of the sherpas who guide you.
Q) In today's high-performance work culture, what advice would you give professionals and leaders about protecting their mental well-being?
A) As I mentioned above, a key aspect of mental well-being is about maintaining balance. I believe we all lead four lives. The first is physical life, which is about the body and maintaining its fitness.
The second is about our mental life, which is about constantly learning and challenging our mental boundaries. The third is about our financial life, which is about ensuring that we have the resources to do what we need in this world.
The fourth is a spiritual life, which is about how we connect to a greater purpose beyond ourselves. I would advise every professional and leader to consider what they are doing to improve aspects of each of their four lives.
It is important for us to regularly pause and ask ourselves: What are we doing to lead better lives in each of these four dimensions?
Q) Do you consciously build mindfulness or reflection time into your daily routine? If so, what practices help you disconnect and recharge?
A)
Absolutely. For me, mindfulness means fully engaging and immersing myself in whatever I am doing at any point of time. I try to minimise distractions and exclusively channel my thoughts on one specific area at a time.
Beyond that, on a regular basis, I try to mentally challenge myself through puzzles like sudoku and crosswords. I also try to run 3-4 times a week & meditate occasionally.
Q) How important is it for leaders to model healthy mental habits for their teams?
A) People see what you do far more than listen to what you say. Hence, it is more important for you to role model behaviours that enhance mental health and mental well-being for your team.
Particularly post-COVID, mental health has become a significant challenge for many people in the workforce, and it is up to us as leaders to bring it to the centre stage by displaying the right behaviours.
I have also found that high-performing teams often laugh together and have a lot of fun working with each other. It is a good idea to inject some humour to lighten the mood from time to time. A mentally strong team will be ready to face and win many more battles along with you.
(
Disclaimer
: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Economic Times
21 hours ago
- Economic Times
Mind Over Money: Why cricket and music keep PNB Housing CEO mentally fit and emotionally grounded
In this edition of Mind Over Money, we step off the trading floor and onto the cricket pitch—and even into a musical interlude—with Girish Kousgi, MD & CEO of PNB Housing Finance. ADVERTISEMENT A firm believer that leadership is as much about mental clarity as it is about strategic decision-making, Kousgi shares how his lifelong passion for cricket instills discipline, resilience, and team spirit in his leadership style. Just as crucial to his personal equilibrium is music, which he credits for sharpening his emotional intelligence and deepening human connections in both personal and professional settings. From reading the market like a pitch to leading with empathy and rhythm, Kousgi reveals how sport and melody keep him grounded amid the pressures of the corporate world. Edited Excerpts - A) Cricket has always been more than just a sport for me – it's a way of life. It teaches you discipline, focus, teamwork, and above all, resilience. ADVERTISEMENT These values have deeply shaped my leadership style. Just like in cricket, where every player has a unique role but the team wins together, I believe in empowering individuals while driving collective it's dealing with pressure situations, taking strategic calls, or celebrating wins and learning from losses, the game has taught me the importance of staying grounded and agile – qualities which I strive to bring into the boardroom every day. ADVERTISEMENT On the personal front, cricket is my way of staying mentally and physically fit. It helps me disconnect from the rigors of daily responsibilities and rejuvenate.I firmly believe that physical activity, in any form, isn't a luxury but a necessity. It fuels clarity, focus, and emotional balance. For me, cricket is that outlet. ADVERTISEMENT A) Much like a cricket captain who must read the pitch, assess the opposition, and adjust the game plan in real time, navigating a dynamic business environment requires constant vigilance, strategic foresight, and PNB Housing Finance, we operate in a sector that's highly sensitive to economic trends, policy changes, and evolving customer expectations.I believe in staying closely connected to ground realities whether through data analytics, customer feedback, or internal team insights. ADVERTISEMENT I encourage a culture where we stay proactive rather than reactive anticipating shifts and preparing for various includes fostering cross-functional collaboration, building contingency plans, and staying aligned with our long-term vision while being nimble in as a captain leads from the front in adverse situations, I try to lead with clarity and composure during uncertain times, ensuring that my team feels confident and it's about trusting your preparation, backing your team, and staying focused on the larger goal just like in cricket. A) Patience and resilience are at the heart of both cricket and leadership especially during challenging phases or turnarounds. In cricket, you don't always win every session, but staying focused, trusting the process, and bouncing back is what counts.I've applied the same mindset throughout my leadership journey, particularly during times when the business needed strategic recalibration or faced external PNB Housing Finance, we've undergone significant transformation over the past few years – from recalibrating our portfolio mix to focusing more on retail, especially on affordable housing and emerging wasn't an overnight shift. It required consistent efforts, stakeholder alignment, and the patience to see our long-term strategy come to were moments when quick results were elusive, but I've always believed in steady, sustainable progress over short-term wins. Resilience helped us stay the course, remain customer-focused, and deliver strong like in a long innings, you need to absorb the pressure, pick your moments, and keep moving forward with conviction. That's what drives real, lasting success. A) In cricket, every player has a distinct role – be it an opener, a fast bowler, or a finisher and the team performs best when each one plays to their strengths. I apply the same principle when leading my team.I strongly believe in identifying individual capabilities and aligning responsibilities where people can thrive and deliver their than expecting everyone to do everything, I focus on building a complementary team where strengths are amplified, and gaps are addressed through creates a culture of trust and empowerment where leaders have the autonomy to lead in their areas of expertise while working towards shared PNB Housing Finance, this approach has helped us drive high ownership and sharper execution across functions. Much like a winning cricket team, our success is rooted in knowing our strengths and playing to them with clarity, conviction and confidence. A) Music has a unique ability to connect us with our emotions, helping us pause, reflect, and understand perspectives beyond our own. I find that this emotional depth directly enhances emotional intelligence something that's incredibly valuable in my leadership approach, this translates into being more empathetic, a better listener, and more attuned to the unspoken dynamics within the intelligence is not just about managing your own feelings but also about recognizing and respecting the emotions of others, especially in high-pressure or uncertain like a well-composed piece of music, leadership requires harmony between strategy and empathy, direction and its resolving conflicts, motivating teams, or driving cultural change, the ability to connect on a human level makes all the difference. Music keeps me grounded in that space. A) Music has an incredible way of bringing people together. It transcends hierarchy, backgrounds, and even stress. I've often used my love for music as a bridge to build rapport, both within my team and with external sparks conversations, adds a human touch to interactions, and creates a shared space of comfort and relatability. I've realized that shared interests like music help move conversations beyond numbers and deals. It allows for deeper, more authentic relationships. At the end of the day, leadership isn't just about driving outcomes – it's about connecting with people. And music has been a powerful enabler of that connection. (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)


Time of India
21 hours ago
- Time of India
Mind Over Money: Why cricket and music keep PNB Housing CEO mentally fit and emotionally grounded
In this edition of Mind Over Money, we step off the trading floor and onto the cricket pitch—and even into a musical interlude—with Girish Kousgi , MD & CEO of PNB Housing Finance. A firm believer that leadership is as much about mental clarity as it is about strategic decision-making, Kousgi shares how his lifelong passion for cricket instills discipline, resilience, and team spirit in his leadership style. Just as crucial to his personal equilibrium is music, which he credits for sharpening his emotional intelligence and deepening human connections in both personal and professional settings. From reading the market like a pitch to leading with empathy and rhythm, Kousgi reveals how sport and melody keep him grounded amid the pressures of the corporate world. Edited Excerpts - Q) Thanks for taking the time out Girish. You're known for your passion for cricket. How has the game influenced your leadership style in the corporate world? Is this one-off your ways to keep yourself mentally fit? A) Cricket has always been more than just a sport for me – it's a way of life. It teaches you discipline, focus, teamwork, and above all, resilience. These values have deeply shaped my leadership style. Just like in cricket, where every player has a unique role but the team wins together, I believe in empowering individuals while driving collective success. Whether it's dealing with pressure situations, taking strategic calls, or celebrating wins and learning from losses, the game has taught me the importance of staying grounded and agile – qualities which I strive to bring into the boardroom every day. On the personal front, cricket is my way of staying mentally and physically fit. It helps me disconnect from the rigors of daily responsibilities and rejuvenate. I firmly believe that physical activity, in any form, isn't a luxury but a necessity. It fuels clarity, focus, and emotional balance. For me, cricket is that outlet. Q) Like a cricket captain, how do you assess and adapt to rapidly changing business conditions? A) Much like a cricket captain who must read the pitch, assess the opposition, and adjust the game plan in real time, navigating a dynamic business environment requires constant vigilance, strategic foresight, and agility. At PNB Housing Finance, we operate in a sector that's highly sensitive to economic trends, policy changes, and evolving customer expectations. I believe in staying closely connected to ground realities whether through data analytics, customer feedback, or internal team insights. I encourage a culture where we stay proactive rather than reactive anticipating shifts and preparing for various scenarios. This includes fostering cross-functional collaboration, building contingency plans, and staying aligned with our long-term vision while being nimble in execution. Just as a captain leads from the front in adverse situations, I try to lead with clarity and composure during uncertain times, ensuring that my team feels confident and supported. Ultimately, it's about trusting your preparation, backing your team, and staying focused on the larger goal just like in cricket. Q) Cricket requires patience and resilience, how have you drawn on these traits during business turnarounds or challenging phases? A) Patience and resilience are at the heart of both cricket and leadership especially during challenging phases or turnarounds. In cricket, you don't always win every session, but staying focused, trusting the process, and bouncing back is what counts. I've applied the same mindset throughout my leadership journey, particularly during times when the business needed strategic recalibration or faced external headwinds. At PNB Housing Finance, we've undergone significant transformation over the past few years – from recalibrating our portfolio mix to focusing more on retail, especially on affordable housing and emerging markets. It wasn't an overnight shift. It required consistent efforts, stakeholder alignment, and the patience to see our long-term strategy come to fruition. There were moments when quick results were elusive, but I've always believed in steady, sustainable progress over short-term wins. Resilience helped us stay the course, remain customer-focused, and deliver strong fundamentals. Just like in a long innings, you need to absorb the pressure, pick your moments, and keep moving forward with conviction. That's what drives real, lasting success. Q) How do you apply the concept of 'playing to one's strengths' from cricket when managing your leadership team? A) In cricket, every player has a distinct role – be it an opener, a fast bowler, or a finisher and the team performs best when each one plays to their strengths. I apply the same principle when leading my team. I strongly believe in identifying individual capabilities and aligning responsibilities where people can thrive and deliver their best. Rather than expecting everyone to do everything, I focus on building a complementary team where strengths are amplified, and gaps are addressed through collaboration. This creates a culture of trust and empowerment where leaders have the autonomy to lead in their areas of expertise while working towards shared goals. At PNB Housing Finance, this approach has helped us drive high ownership and sharper execution across functions. Much like a winning cricket team, our success is rooted in knowing our strengths and playing to them with clarity, conviction and confidence. Q) You've spoken about how music helps enhance emotional intelligence. How does that translate into your leadership approach? A) Music has a unique ability to connect us with our emotions, helping us pause, reflect, and understand perspectives beyond our own. I find that this emotional depth directly enhances emotional intelligence something that's incredibly valuable in leadership. In my leadership approach, this translates into being more empathetic, a better listener, and more attuned to the unspoken dynamics within the team. Emotional intelligence is not just about managing your own feelings but also about recognizing and respecting the emotions of others, especially in high-pressure or uncertain situations. Much like a well-composed piece of music, leadership requires harmony between strategy and empathy, direction and understanding. Whether its resolving conflicts, motivating teams, or driving cultural change, the ability to connect on a human level makes all the difference. Music keeps me grounded in that space. Q) In what ways has your connection to music improved team engagement and stakeholder relationships? A) Music has an incredible way of bringing people together. It transcends hierarchy, backgrounds, and even stress. I've often used my love for music as a bridge to build rapport, both within my team and with external stakeholders. It sparks conversations, adds a human touch to interactions, and creates a shared space of comfort and relatability. I've realized that shared interests like music help move conversations beyond numbers and deals. It allows for deeper, more authentic relationships. At the end of the day, leadership isn't just about driving outcomes – it's about connecting with people. And music has been a powerful enabler of that connection. ( Disclaimer : Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)


Mint
a day ago
- Mint
Close investigations swiftly, speed up refunds: finance minister tells tax officials
New Delhi: Finance minister Nirmala Sitharaman on Friday directed senior officials of the Central Board of Indirect Taxes and Customs (CBIC) to close investigations swiftly, speed up tax refunds, and make goods and services tax (GST) registration easier. At a meeting in the capital, Sitharaman also asked the officials to resolve grievances of businesses promptly while maintaining focus on tackling tax evasion and wrongful tax credit claims. The minister reviewed the performance of Central GST and customs authorities and asked the principal chief commissioners, chief commissioners, and director generals of CBIC to enhance performance, fill vacant posts, and enhance administrative efficiency. Officials informed the minister that ₹ 2.23 trillion worth of GST evasion has been detected as of 2024-25, with voluntary payments totaling ₹ 28,909 crore. Sitharaman was engaging with the top brass of the Central government's indirect tax administration to ensure that ease of doing business and ease of tax compliance remain the guiding principle for the tax administration while also ensuring compliance. Reforms, reducing paper work for businesses, and de-regulation are top priorities for the Central government as it seeks to unlock India's unrealised economic potential. Sitharaman's budget speech on 1 February was centred around the reforms needed across sectors. The minister's address to tax officials has set a clear tone—that efficiency, accountability, and taxpayer-centricity must drive indirect tax administration, said Rajat Mohan, senior partner at chartered accountancy firm AMRG and Associates. 'The sharp rise in GST audit coverage to 88.74% and the 94.3% return-filing compliance reflects a matured compliance ecosystem. However, the vast gap between ₹ 2.23 trillion in tax evasion detected and the ₹ 28,909 crore recovered demands immediate focus on enforcement efficiency,' said Mohan. CBIC officials informed Sitharaman during Friday's meeting that the average time for resolving grievances had been reduced to nine days from the stipulated 21-day timeline, and that 95-97% of appeals are disposed of within a month. This track record has placed CBIC among the top five out of 90 Central ministries in the Centralized Public Grievance Redress and Monitoring System rankings since February 2024. The officials also told the minister the national average for monthly GST return filing stood above 94% in FY25, and that 85% of tax refund claims are processed within the statutory 60-day limit. GST audit coverage rose from 62.21% in FY23 to 88.74% in FY25. Sitharaman directed the officials to improve in performance parameters such as GST registration, processing of refunds, and handling taxpayers' grievances. 'Simplifying GST registration, clarifying documentation for principal place of business, and mandating helpdesks are much-needed reforms that will ease on-ground hurdles for taxpayers,' said Mohan of AMRG and Associates. Amit Maheshwari, tax partner at AKM Global, a tax and consulting firm, said GST audit coverage has improved significantly, with zero repeat audits in three years—a move that ensures fairness without burdening taxpayers. Sitharaman also urged customs authorities to reduce the dwell time of consignments at seaports, airports, and inland container depots for both imports and exports, and emphasised that faster cargo clearance is crucial to enhance India's global trade competitiveness and ease of doing business. The minister also directed that disciplinary proceedings against officials at different levels be concluded expeditiously.