Outgoing boss of SBI says credit growth is "unfinished agenda"
Arundhati Bhattacharya, who ends four years at the helm of State Bank of India
India`s state banks, including SBI, the country`s largest, have battled rising bad loans in recent years, a fight that has dampened credit growth and slowed a long-awaited economic revival. But Bhattacharya predicted better days ahead for the bank after a spike in sour debt in the last quarter due to a merger with five subsidiaries.
She will be replaced by colleague and banking veteran Rajnish Kumar.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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