Monday, October 2News That Matters
Shadow

Tag: Arundhati

The legacy of Arundhati Bhattacharya: How she kept SBI unscathed in the most testing of times

The legacy of Arundhati Bhattacharya: How she kept SBI unscathed in the most testing of times

Finance
MUMBAI: Most bank chairmen would want to demit office when the going is good, but it might not be the same for Arundhati Bhattacharya, who steps down after a four-year term as the chief of State Bank of India. For the best part of her tenure, the first woman boss of the country’s biggest lender was busy battling the rising pile of bad loans, and she leaves amid hope that things turn better for her successor sooner than later. Yet, despite all odds, Bhattacharya leaves behind a rich, transformational legacy. Through a mix of technology, consolidation, and team work, she leaves behind a more nimble organization. And the four-decade banking veteran says that she is still not ready to hang up her boots. "I don't think I'll continue in the area of banking but obviously I am not just going ...