Rajnish Kumar, the chairman-designate of State Bank of India (SBI), has already set himself a 30-day deadline to come up with a course correction plan to propel the bank to the next phase of growth. During the first month, Kumar will come with short-term and long-term plans that will focus on digital transformation with the thrust on retail loans. In his first media interaction after being elevated to the chairman of the bank, Rajnish Kumar said SBI is systems- and process-driven. Kumar as SBI's managing director heads the national banking group that looks at all retail agri loans and loans to small and medium enterprises. He emphasised that the bank does not discriminate between SBI employees and erstwhile associate bank employees.

Source: dna October 06, 2017 02:03 UTC