SBI chief asks PSBs to improve governance to get investors
Wednesday, March 15, 2017, 6:27 PM
State Bank chairperson Arundhati Bhattacharya today blamed the governance at public sector banks for poor investor appetite for them and their resultant inability to raise cheaper funds from markets. “State-run banks cannot have a default fall-back on the government for capital. If you are looking to raise capital the one thing that investors always talk about is the board governance.