We have been partners in nation-building and take our role in building the nation very proudly.
We are present in all areas, and our products are the best.
We keep saying, 'No more 'band aid' solutions.'
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.
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.
If you go to any boardroom... the women are, by far, outnumbered by the men.
When it comes down to business, everybody is very businesslike... I have never felt any difficulty in dealing with any of these situations.
Until you get your reputation made, you have to work twice as hard... there is always a doubt in your superior's mind as to whether you will put family before your job.
Demonetisation is a disinflationary process. So, this will bring down prices in the long run. It will also help in bringing down interest rates.
When borrowers anticipate that politicians might cancel their loans, they stop paying.
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.
Cash imposes a huge burden. We don't understand it, as it is not immediately visible. It is a huge burden on society.
Why should a country have to take on itself a huge burden of managing a totally cash economy?
People are used to cash, and getting them out of that is going to be a long and tough exercise.
You have to go to war with a sword and a shield. You cannot go to war with bare hands.
One of my main agenda right from the beginning has been cost rationalization, and we have done a lot of cost rationalization.
You cannot take bank interest rates very sharply down: you will lose your deposit franchise.
A maturing process, and growth, is always painful. You ask any teenager, they will tell you, and it's just like that for the country. We need to grow; we need to evolve.
If you start from the farm sector, we need much better investments and capital creation on land. We need logistics support; we need cold chain and processing capability. We need proper pricing at various stages to ensure that the producers are not left out in the value-chain.
If you are satisfied, you will never see any more progress. One remains dissatisfied, but that doesn't mean that things are not happening.
