State Bank of India (SBI) Chairman Arundhati Bhattacharya said the Tata group companies were ably managed by professionals.
She said what owners did was not a concern as long as companies operated in a responsible manner.
The tussle between Ratan Tata, interim chairman of Tata Sons, and Cyrus Mistry, its ousted chairman, had got the country’s largest bank worried.
The bank’s management has heard both sides. There has not been any intervention from the lender’s side.
SBI had advised them to resolve the conflict in an amicable way to avoid any adverse impact on the working of operating companies in the group.
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