Arundhati Bhattacharya may get an extension at SBI, out of RBI governor’s race
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The government is thinking of extending The proposal is being considered since the finance ministry wants continuity in leadership when state-run SBI absorbs five associate units and Bhartiya Mahila Bank as it cleans up its bad loans.
It was earlier this month that the cabinet had cleared a plan to see SBI increase its size and become one of world’s top 50 banks, a process that one can expect to be completed by March 2017.
If Bhattacharya's term is not extended, MDs B Sriram, PK Gupta and Rajnish Kumar will be considered for the top post.
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