A biography for Arundhati Bhattacharyahasn’t been written yet.
“The capping of cash transactions will help the banks reduce cash intensity.”
“You can't merge six banks and think that nothing will happen.”
“I say what is required to be said.”
“It is important to create credit absorption capacity rather than to just enhance lending targets.”
“Disinvestments will continue to happen. If the issue is priced correctly, there's no reason why it should not sell.”
“In India, women are still the primary caregivers. Whether it be for children, whether it be for old people or sick people, you are the primary caregiver. No matter what position you are in.”
“India has a very young population which is comfortable doing business on a screen than do it one on one with a banking executive. They want quick fulfilment of desires, and may not have the time to go to a bank to get things done. Many of them are comfortable working from home.”
“Those who claim that they need cash because they are unable to pay labourers are those who are not paying minimum wages.”
“We are present in all areas, and our products are the best.”
“You cannot take bank interest rates very sharply down: you will lose your deposit franchise.”
“I am happy to be running a public sector bank. In times of stress, most people will always have an account with us, so, to the extent that it gives stability and faith for the people and because banking is a business of trust, it is a major advantage we have.”
“My friends have helped my daughter in certain areas more than I have. What these have taught me is that you need to be good to people. There will always be times when you need their help.”
“If you look at the international markets, for projects that are capital-intensive, the minute the construction phase is completed and production is supposed to start, normally all these loans get refinanced.”
“When borrowers anticipate that politicians might cancel their loans, they stop paying.”
“To tell you the truth, if you're looking at rising pretty high, then you need to find a way of taking care of these problems and not taking time off. At the end of the day, it is a very tough competition. And in a very tough competition, if you just take breaks, then it's going to become much, much more difficult.”
“When it comes down to business, everybody is very businesslike... I have never felt any difficulty in dealing with any of these situations.”
“Waiving debts corrupts the credit culture.”
“Because SBI is so large, serving customers in India's big cities and small rural villages alike, it has a pressing need for better tools and technology to monitor lending risks.”
“Children should be taught in school that you should have all kinds of asset classes in your portfolio. They should be taught what those asset classes are, and their advantages and disadvantages.”
“Brexit is actually a step back in the sense that you are going back from being connected to being on your own.”