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BS Banking Annual 2017: Need to empower PSBs, says Arundhati Bhattacharya

Former State Bank of India Chairman Arundhati Bhattacharya says the only way out for public-sector banks is to have a strong board

Arundhati Bhattacharya, Chairman of the State Bank of India, poses with the company's logo at the bank's headquarters in Mumbai. Photo: Reuters
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Arundhati Bhattacharya

Abhijit Lele Mumbai
Former State Bank of India Chairman Arundhati Bhattacharya, who retired in October 2017, had her task cut out as bad loans, the merger of five associate banks with the parent bank and demonetisation took centre-stage. The only way out for public sector banks (PSBs) is to have a strong board, which can take decisions, she says. Edited excerpts from an interview with Abhijit Lele
 
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