According to SBI chairman Arundhati Bhattacharya, it took quite a bit of time to stabilise the operations, and therefore the results will come over a period of time. Photo: Abhijit Bhatlekar/MintKolkata: State Bank of India (SBI) chairman Arundhati Bhattacharya on Saturday said that the merger of associate banks with itself was a strong structural reform and results will start showing in 3-4 quarters. Talking to media at the launch of SBI Institute of Management in Kolkata, Bhattacharya said six banks merging together on one day is not easy. However, a bank like SBI is not in need of it as the bank is well capitalised. On the newly inaugurated institute, SBI chairman said that it will not be restricted to SBI staff and will be open for banking professionals from other banks.

Source: Mint September 23, 2017 15:22 UTC