........Arundhati Bhattacharya, the incumbent SBI chief, said, “We need to do a little more consolidation on our side before we take that (another bank) on. It is not off the table, but at this point we need to pay attention to what we are doing in a better manner.” A top executive at the SBI said that there is a new chief at the helm and priorities change when a new person assumes charge. Another reason why the associate bank merger has been delayed could be because the country’s largest lender is grappling with higher staff expenses.............
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