Arundhati Bhattacharya News

Born on 18 March 1956 in Kolkata to Prodyut Kumar Mukherjee and Kalyani Mukherjee, Arundhati Bhattacharya was destined for something she herself had no idea about. 

Earlier this week, Reliance Industries also appointed Bhattacharya on its board as independent additional director.

Former SBI chief Arundhati Bhattacharya, Prasar Bharati chairperson A Surya Prakash and ISRO head AS Kiran Kumar have been appointed as members.

The emergency landing of a Mumbai-London British Airways flight in Baku, the capital of Azerbaijan, led to ordeal for all passengers. And among the passengers was former State Bank of India chief Arundhati Bhattacharya.

Rajnish Kumar said SBI had tackled issues that came as a result of that deal and asset quality numbers would "look much better than in the past". 

He will succeed Arundhati Bhattacharya, who is at present serving her one-year extension, that ends on Friday.

She said this when asked whether TRAI's decision to reduce the IUC charges would affect incumbent operators like Vodafone, Airtel and Idea which were already feeling the heat of Reliance Jio's disruptive move.

Bhattacharya said the presence of these platforms has actually reduced the cost of transactions to probably the lowest anywhere in the world.

With the Indian banking industry bearing the brunt of huge NPAs waiting for resolution, State Bank of India (SBI) chairman Arundhati Bhattacharya on Tuesday said that NPA is treated as criminal in the country.

Relating to the corporate side, the bank was looking at value-additions using platforms to bring together the buyer and sellers and use analytics to find out who is producing what, she said at a FICCI session here.  

The State Bank of India has launched a digital village initiative in Nepal by installing a cash recycling centre.

SBI has attained the speed of 15,000 transactions per second as against the current utilisation of only 4,600/second, and is "future ready", the country's largest lender told its shareholders.

About 16.6 percent of loans to corporates - or about 8.4 percent of the GDP - had been declared non-performing, according to Credit Suisse.

State Bank of India (SBI) on Wednesday unveiled its new brand identity, designed to position the bank as technology savvy, modern and ready to meet financial needs of all.

SBI chief Arundhati Bhattacharya and Indian-origin physician Raj Panjabi have been named by Fortune magazine among the world's 50 greatest leaders who are transforming the world and inspiring others to do the same.

Calling for focussing on farm sector growth to sustain higher overall growth, the State Bank of India on Friday said revival in credit demand will stay low until the balance sheets of the rural households are repaired.

Facing a backlash for levying penalty on non-maintenance of minimum balance in accounts, SBI on Wednesday justified its move saying the bank needs to impose some charges to balance the "burden" of managing a large number of no-frills Jan Dhan accounts.

State Bank of India Chairman Arundhati Bhattacharya today said the prevailing situation arising out of demonetisation will get normalised by end-February, emphasising the need to promote digitisation of economy.

State Bank chairperson Arundhati Bhattacharya today hinted that the mega merger of its five associate banks and Bharatiya Mahila Bank (BMB) could be pushed to the next financial year as it is still awaiting the government notification on the move.

After a New Year gift of 0.9 percentage point cut in lending rates, State Bank of India (SBI) Chairperson Arundhati Bhattacharya on Monday said she saw normalcy return to the banking system by end-February or March, with uptake in credit growth.