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Arundhati Bhattacharya

Arundhati Bhattacharya is a prominent Indian Banker and the current Chairperson & Managing Director of the State Bank of India. She is the 24^th Chairperson and the first woman to be the Chairperson of State Bank of India. The bank is ranked in the Fortune Global 500 list and is the largest bank in the country. Being the Chairperson of the largest bank of the second largest population of the world made her one of the most powerful woman in the world and the Forbes 2016 list of most powerful woman lists her at the 25^th position. She also serves as the director of the Export Import Bank of India.

Arundhati Bhattacharya was born to Prodyut Kumar Mukherjee and Kalyani Mukherjeen on 18^th March 1956 in Bhilai, Kolkata. Her father was working as an Engineer at the Bhilai Plant whereas her mother was a Homeopathic Doctor. She spent her childhood in Bhilai and later shifted to Bokaro in Jharkhand. In Bokaro, she completed her schooling from St. Xavier's School and joined the Lady Brabourne College in Kolkata for her BA in English Literature. Later, she completed her MA in English Literature. The fact that she does not have any business/ MBA degree or Diploma and yet has made it to the top of the largest bank of the country stands to her merit and hard work.

Career Graph: After completion of her education, she joined SBI as a Probationary Officer 'PO' in 1978 and has steadily risen up the ladder since. She has held the profiles of Corporate Development Officer and Deputy Managing Director. She has also known for setting up several new companies as well as initiatives of the bank that includes initiatives like SBI General Insurance, SBI Macquarie Infrastructure Fund and SBI SG Global Securities Services. She also played a key role in the launch of online IT platforms for the bank and helped in launching the mobile banking service of the bank. She also handled large number of corporate credit as well as initiatives like financial inclusion and financing the self-help groups. During her 39 years of service in SBI, she also spent a spell of her service in the New York Office where she was given the charge of monitoring branch performance, overseeing external audit and correspondence relations. In 2013, before the retirement of the then chairman of SBI Pratip Chaudhuri, her name was included along with other MD's like Hemant Contractor, A. Krishna Kumar and S. Viswanathan. The government then made the decision to appoint Bhattacharya as the Chairman of the 210 year old bank. Her longer residual service helped to clinch the decision in her favor. She succeeded Pratip Chaudhuri on 30^th September 2013 and became the first woman chief of SBI. She also became the first woman to lead a Fortune 500 company in India and the only woman banker to lead the list of giants anywhere in the world. After becoming the Chairman of SBI, she also became the Chairperson and Director of State Bank of Bikaner & Jaipur, State Bank of Mysore, State bank of Patiala and State Bank of Travancore. She also serves as the Director of the Export Import Bank of India. After becoming the Chairman, she introduced a two-year sabbatical policy for women employees for child or elder care.

Arundhati Bhattacharya is married to Pritimoy Bhattacharya who was an Engineer and had later joined IIT Kharagpur as a Professor. The couple also has a daughter named Sukrita who was born in 1995. However, the couple was finding it difficult to raise the daughter as she was based in Mumbai whereas Pritimoy was in Kharagpur. He later left his IIT Kharagpur job to take care of the family. Arundhati always credits her family for her success. Pritimoy currently has been software professional and has launched an IT company based in Kolkata. She was due to retire on 6^th October 2016 but received a year's extension. She has been able to push SBI to strengthen its credit-monitoring measures and to identify loans that may default and then take steps to recover them. She also leads a panel that works on retrieving stressed loans greater than Rs 500 Crore. In 2014, she entered the Forbes List for the first time and was ranked as the 36^th most powerful woman in the world. However, the Forbes 2016 list of most powerful woman lists her at the 25^th position.

SBI training institute in Kolkata to be unveiled tomorrow
PTI Feeds | September 22, 2017 9:46 PM IST
Mumbai, Sep 22 (PTI) Country's largest lender, State Bank of India will be unveiling its sixth apex ...
SBI training institute in Kolkata to be unveiled tomorrow
indiacom
2017-09-22T10:46:09+00:00
2017-09-22T10:46:09+00:00
Arundhati Bhattacharya
India.com
SBI's New Index at LSE to Help iInvestors Track Indian Bonds
PTI Feeds | September 22, 2017 3:27 PM IST
New Delhi, September 22: State Bank of India, in partnership with FTSE Russell, today brought out a ...
SBI's New Index at LSE to Help iInvestors Track Indian Bonds
indiacom
2017-09-22T04:27:10+00:00
2017-09-22T05:53:38+00:00
Arundhati Bhattacharya
India.com
Bank officers' union opposes Alternative Mechanism
IANS Feeds | August 24, 2017 7:11 PM IST
Chennai, Aug 24 (IANS) The All India Bank Officers' Confederation (AIBOC) on Thursday strongly conde...
Bank officers' union opposes Alternative Mechanism
indiacom
2017-08-24T08:11:17+00:00
2017-08-24T08:11:17+00:00
Arundhati Bhattacharya
India.com
SBI gives leg-up to CSR initiatives, adopts 50 villages
PTI Feeds | August 14, 2017 8:15 PM IST
Mumbai, Aug 14 (PTI) The nation's largest lender State Bank of India today launched a CSR initiative...
SBI gives leg-up to CSR initiatives, adopts 50 villages
indiacom
2017-08-14T09:15:09+00:00
2017-08-14T09:15:09+00:00
Arundhati Bhattacharya
India.com
Banks laud RBI rate cut as boost to investor sentiment
IANS Feeds | August 2, 2017 8:21 PM IST
Mumbai, Aug 2 (IANS) Commercial banks on Wednesday lauded the Reserve Bank of Indias decision to cut...
Banks laud RBI rate cut as boost to investor sentiment
indiacom
2017-08-02T09:21:18+00:00
2017-08-02T09:21:18+00:00
Arundhati Bhattacharya
India.com
Data analytics to play key role: SBI chief
Indo-Asian News Service | July 11, 2017 4:31 PM IST
Kolkata, July 11: State Bank of India 's Chairperson Arundhati Bhattacharya on Tuesday said data ana...
Data analytics to play key role: SBI chief
indiacom
2017-07-11T05:31:18+00:00
2017-07-11T06:23:30+00:00
Arundhati Bhattacharya
India.com
SBI Launches INTOUCH, Digital Village Initiatives In Nepal
Indo-Asian News Service | July 8, 2017 12:51 PM IST
Mumbai, July 8: The State Bank of India (SBI) has launched its flagship service INTOUCH in Nepal, an...
SBI Launches INTOUCH, Digital Village Initiatives In Nepal
indiacom
2017-07-08T01:51:09+00:00
2017-07-08T01:53:29+00:00
Arundhati Bhattacharya
India.com
GST is a social reform too: SBI Chairman
PTI Feeds | July 1, 2017 12:45 AM IST
New Delhi, Jul 1 (PTI) SBI Chairman Arundhati Bhattacharya today said the Goods and Services Tax (GS...
GST is a social reform too: SBI Chairman
indiacom
2017-06-30T13:45:08+00:00
2017-06-30T13:45:08+00:00
Arundhati Bhattacharya
India.com
Axis has exposure to 8/12 RBI named a/cs,enough provision done
PTI Feeds | June 29, 2017 7:43 PM IST
Mumbai, Jun 29 (PTI) With rising concerns on additional provisionings to be made on accounts headed ...
Axis has exposure to 8/12 RBI named a/cs,enough provision done
indiacom
2017-06-29T08:43:08+00:00
2017-06-29T08:43:08+00:00
Arundhati Bhattacharya
India.com
Provisioning for large NPAs not to impact earnings: SBI
IANS Feeds | June 27, 2017 11:21 PM IST
Mumbai, June 27 (IANS) Lending major SBI on Tuesday said it may have to make a little more provision...
Provisioning for large NPAs not to impact earnings: SBI
indiacom
2017-06-27T12:21:06+00:00
2017-06-27T12:21:06+00:00
Arundhati Bhattacharya
India.com
SBI chief Arundhati Bhattacharya's salary is nothing as compared to private bank players
India.com News Desk | June 26, 2017 10:10 AM IST
New Delhi, June 26: State Bank of India Chairman Arundhati Bhattacharya's salary is zilch as compare...
SBI chief Arundhati Bhattacharya's salary is nothing as compared to private bank players
indiacom
2017-06-25T23:10:19+00:00
2017-06-25T23:42:18+00:00
Arundhati Bhattacharya
India.com
Telcos under stress, can default on loans: Banks tell panel
PTI Feeds | June 14, 2017 9:15 PM IST
New Delhi, Jun 14 (PTI) Four major lenders, including SBI and HDFC Bank, today voiced concerns over ...
Telcos under stress, can default on loans: Banks tell panel
indiacom
2017-06-14T10:15:25+00:00
2017-06-14T10:15:25+00:00
Arundhati Bhattacharya
India.com
RBI leaves key rate unchanged; easing warranted, fumes govt
PTI Feeds | June 7, 2017 8:53 PM IST
Mumbai, Jun 7 (PTI) Gloves were off between RBI and the government today after the central bank left...
RBI leaves key rate unchanged; easing warranted, fumes govt
indiacom
2017-06-07T09:53:18+00:00
2017-06-07T09:53:18+00:00
Arundhati Bhattacharya
India.com
SBI says 'future ready' with transaction speed of 15K/sec
PTI Feeds | June 7, 2017 7:27 PM IST
New Delhi, Jun 7 (PTI) SBI has attained the speed of 15,000 transactions per second as against the c...
SBI says 'future ready' with transaction speed of 15K/sec
indiacom
2017-06-07T08:27:09+00:00
2017-06-07T08:27:09+00:00
Arundhati Bhattacharya
India.com
Finance Ministry initiates process for finding new SBI chief
Press Trust of India | May 28, 2017 12:19 PM IST
New Delhi, May 28: The finance ministry has initiated the process for finding new chief of the count...
Finance Ministry initiates process for finding new SBI chief
indiacom
2017-05-28T01:19:13+00:00
2017-05-28T01:52:36+00:00
Arundhati Bhattacharya
India.com
Agriculture Minister rules out any loan waiver for farmers
IANS Feeds | May 22, 2017 8:01 PM IST
New Delhi, May 22 (IANS) Union Agriculture Minister Radha Mohan Singh on Monday ruled out denied any...
Agriculture Minister rules out any loan waiver for farmers
indiacom
2017-05-22T09:01:15+00:00
2017-05-22T09:01:15+00:00
Arundhati Bhattacharya
India.com
Agriculture Minister denies any move for loan waiver for farmers
IANS Feeds | May 22, 2017 7:41 PM IST
New Delhi, May 22 (IANS) Union Agriculture Minister Radha Mohan Singh on Monday denied any possibili...
Agriculture Minister denies any move for loan waiver for farmers
indiacom
2017-05-22T08:41:22+00:00
2017-05-22T08:41:22+00:00
Arundhati Bhattacharya
India.com
Hope basic expenses of merger will be behind us, says SBI Chairman
IANS Feeds | May 19, 2017 8:31 PM IST
Kolkata, May 19 (IANS) India's largest public sector lender State Bank of India (SBI), which posted ...
Hope basic expenses of merger will be behind us, says SBI Chairman
indiacom
2017-05-19T09:31:23+00:00
2017-05-19T09:31:23+00:00
Arundhati Bhattacharya
India.com
Basic expenses of merger will be behind us, expects SBI Chairman
IANS Feeds | May 19, 2017 6:51 PM IST
Kolkata, May 19 (IANS) India's largest public sector lender State Bank of India (SBI), which posted ...
Basic expenses of merger will be behind us, expects SBI Chairman
indiacom
2017-05-19T07:51:30+00:00
2017-05-19T07:51:30+00:00
Arundhati Bhattacharya
India.com
Renu Satti takes over Shinjini Kumar as Paytm’s payment bank CEO! 6 other influential women from the banking industry!
Aishwarya Krishnan | May 19, 2017 2:16 PM IST
Paytm announced its decision to begin a payment bank and had appointed an ex-RBI official, Shinjini ...
Renu Satti takes over Shinjini Kumar as Paytm’s payment bank CEO! 6 other influential women from the bankin
indiacom
2017-05-19T03:16:26+00:00
2017-05-19T03:16:26+00:00
Arundhati Bhattacharya
India.com