NEWS & ADVICE : FIXED DEPOSITS
Pratip Chaudhauri SBI chairmam, leaves balance sheets clean for the next chairman
By Neelima Shankar
Sep 26, 2013
Print    Email    RSS   

There is one thing sure in the Indian Banking's uncertainty and that is any bank which is run by the state that gets a new chairman, the first thing that will be seen in the first quarter itself. Here one can get to see value of stocks dipping and also profits erode especially under the new leadership.

The best answer for the explanation of why this phenomenon can be seen is very simple. It is because of the balance sheets which have been cleaned under the leadership of the new chairman. Having said that, there are more things to worry about when it comes to the four contenders to succeed. State Bank of India's Chairman, Pratip Chaudhauri does it well when anyone of them steps behind the wheel to take on the responsibilities of the biggest bank in the nation next month. Generally the new chairman prefers to go on with older tradition and leaves more sheets to clean for the next person who will sit on that chair. However the same does not apply with Chaudhauri.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Recurring deposits: to the benefit of the...
Carnival of Indian Personal Finance Blogs #4
Do you know what led banks to calibrate...
Things you should know while filing income...
12 point conduct checklist for bank and...


NANGAL: CaℒL Giℛℒ In Una 09855660911 Escoℛt...
Chandigarh@CaℒL Giℛℒ In Rajpura +O9855660911...
If I invest 100000 rupees deposit for 2 year , how...

NEWS THIS WEEK
Federal Bank launched V connect for its customers Feb 12, 2015
Andhra Bank on expansion mode Feb 11, 2015
Dena Bank earned a profit of 13%. Feb 9, 2015
Banks expected to cut down the rates Feb 5, 2015
RBI kept the rates unchanged Feb 4, 2015
News Archive