February 18, 2025 7:15 PM

Recapitalisation, reforms have worked well for public sector banks: SBI Chairman

Recapitalisation and reforms in recent years have worked well for public sector banks, resulting in cleaner balance sheets, State Bank of India (SBI) Chairman C.S. Setty said on Tuesday. The savings behaviour has also changed, as depositors are practising asset allocation across segments, Setty said during the NDTV Profit Conclave here. He highlighted the critical role of capital in achieving the vision of a developed India (Viksit Bharat) and stressed the need for diversified sources of debt ...