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SBI sees profit up to Rs 3,000 cr in 3 years after associates merger

SBI sees profit up to Rs 3,000 cr in 3 years after associates merger

Thursday, April 13, 2017, 8:01 PM

The head of SBI said she expects a boost to annual profit of as much as Rs.3,000 crore in three years on cost and efficiency gains from the absorption of associate banks. Chair Arundhati Bhattacharya also said that signs of more factory activity pointed to a turnaround in India's weak credit cycle this financial year welcome news for a government keen to revive private.
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