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Tackling bad debts is the priority for State Bank of India,
India's state-run banks have been battered by bad loans, and SBI, which accounts for more than a fifth of India's banking assets, saw stressed assets rise after it absorbed five subsidiary banks this year.
"We are already in discussions on how we revive credit growth, how we resolve the (non-performing assets). That discussion, we will try to bring it to a conclusion very quickly. And you will see some changes," he said at a press conference at SBI's Mumbai headquarters.
The bank, which has more than 400 million customers, is considering having separate senior executives to deal with stressed assets and lending, to avoid having too many top managers focused on bad debts.
"There is definitely a change in the underwriting standards... We will be much more cautious," he said.
"Sometimes people equate it with risk aversion - but let me tell you it is not risk aversion. We are still looking for opportunities in financing good infrastructure projects"
Kumar takes over on Oct 7 from Arundhati Bhattacharya, who implemented major reforms during her four years at the helm and became one of India's most high-profile executives.