Wednesday, July 2, 2014

Experienced Finance Hands on State Bank of India Board

For a long time, the State Bank of India board had industrialists representing shareholders on it. But with the change of government, even this tradition seems to be changing. Some experienced finance hands are on board to guide it -MD Mallya, former CMD of Bank of Baroda and Bank of Maharashtra, and Sunil Mehta, who had represented AIG in the country. As the SBI prepares to take advantage of a likely recovery in the economy, the wisdom of the wizards should help it avoid bumps.
ET

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