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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.

SWIFT India ropes in ex-SBI chief Arundhati Bhattacharya as board chairman
PTI Feeds | December 10, 2018 2:39 PM IST
New Delhi, Dec 10 (PTI) SWIFT India Monday said it has appointed ex-SBI chief Arundhati
SWIFT India ropes in ex-SBI chief Arundhati Bhattacharya as board chairman
indiacom
2018-12-10T03:39:09+00:00
2018-12-10T03:39:09+00:00
Arundhati Bhattacharya
India.com
Two-day corporate governance conference from Thursday
PTI Feeds | November 28, 2018 7:48 PM IST
Mumbai, Nov 28 (PTI) A two-day annual gathering on corporate governance promoted by former Sebi
Two-day corporate governance conference from Thursday
indiacom
2018-11-28T08:48:17+00:00
2018-11-28T08:48:17+00:00
Arundhati Bhattacharya
India.com
Piramal Enterprises group Q2 net jumps 25% to at Rs 480 cr
PTI Feeds | October 25, 2018 6:12 PM IST
Mumbai, Oct 25 (PTI) Piramal Enterprises Thursday reported a 25 per cent year-on-year growth in
Piramal Enterprises group Q2 net jumps 25% to at Rs 480 cr
indiacom
2018-10-25T07:12:10+00:00
2018-10-25T07:12:10+00:00
Arundhati Bhattacharya
India.com
Former SBI chief Arundhati Bhattacharya joins Wipro board
PTI Feeds | October 24, 2018 6:27 PM IST
New Delhi, Oct 24 (PTI) Former SBI chairperson Arundhati Bhattacharya has joined board of Wipro as
Former SBI chief Arundhati Bhattacharya joins Wipro board
indiacom
2018-10-24T07:27:47+00:00
2018-10-24T07:27:47+00:00
Arundhati Bhattacharya
India.com
Wipro Q2 net profit drops 14% to Rs 1,889 cr
PTI Feeds | October 24, 2018 4:18 PM IST
New Delhi, Oct 24 (PTI) IT services major Wipro Wednesday posted a 13.8 per cent decline in
Wipro Q2 net profit drops 14% to Rs 1,889 cr
indiacom
2018-10-24T05:18:16+00:00
2018-10-24T05:18:16+00:00
Arundhati Bhattacharya
India.com
Coming years challenging for banks, need to look beyond NPAs: SBI
PTI Feeds | June 11, 2018 8:30 PM IST
New Delhi, June 11 (PTI) The coming years will be very challenging for banks which will have to
Coming years challenging for banks, need to look beyond NPAs: SBI
indiacom
2018-06-11T09:30:18+00:00
2018-06-11T09:30:18+00:00
Arundhati Bhattacharya
India.com
Convert innovative ideas into effective biz models: Patnaik
PTI Feeds | April 15, 2018 9:10 PM IST
Sambalpur (Odisha), Apr 15 (PTI) Odisha Chief Minister Naveen Patnaik today advocated for
Convert innovative ideas into effective biz models: Patnaik
indiacom
2018-04-15T10:10:25+00:00
2018-04-15T10:10:25+00:00
Arundhati Bhattacharya
India.com
SBI retains minimum balance limit but cuts penalty charges by 75%
PTI Feeds | March 13, 2018 5:35 PM IST
Mumbai, Mar 13 (PTI) State Bank of India today reduced the penalty charges on non-maintenance of
SBI retains minimum balance limit but cuts penalty charges by 75%
indiacom
2018-03-13T06:35:14+00:00
2018-03-13T06:35:14+00:00
Arundhati Bhattacharya
India.com
Bhattarchaya rubbishes allegations of banks penalising poor
PTI Feeds | January 23, 2018 1:37 PM IST
Hyderabad, Jan 23 (PTI) Former SBI chairperson Arundhati Bhattacharya has dismissed the allegations
Bhattarchaya rubbishes allegations of banks penalising poor
indiacom
2018-01-23T02:37:08+00:00
2018-01-23T02:37:08+00:00
Arundhati Bhattacharya
India.com
'Giving' must begin young in 2018
ANI Feeds | December 28, 2017 1:10 PM IST
Former State Bank of India (SBI) Chairman Arundhati Bhattacharya at the recent launch of a book
'Giving' must begin young in 2018
indiacom
2017-12-28T02:10:16+00:00
2017-12-28T02:10:16+00:00
Arundhati Bhattacharya
India.com
Corporate governance issues must be brought to fore: Damodaran
PTI Feeds | November 9, 2017 8:45 PM IST
Former State Bank of India (SBI) Chairman Arundhati Bhattacharya at the recent launch of a book
Corporate governance issues must be brought to fore: Damodaran
indiacom
2017-11-09T09:45:33+00:00
2017-11-09T09:45:33+00:00
Arundhati Bhattacharya
India.com
Corporate governance issues must be brought to fore: Damodaran
PTI Feeds | November 9, 2017 8:45 PM IST
Former State Bank of India (SBI) Chairman Arundhati Bhattacharya at the recent launch of a book
Corporate governance issues must be brought to fore: Damodaran
indiacom
2017-11-09T09:45:15+00:00
2017-11-09T09:45:15+00:00
Arundhati Bhattacharya
India.com
For Demonetisation Preparation, Banks Should Have Been Given More Time, Says Former SBI Chief Arundhati Bhattacharya
India.com News Desk | October 26, 2017 8:55 PM IST
More time is needed to assess if demonetisation was a correct step or no," stated Bhattacharya, who
For Demonetisation Preparation, Banks Should Have Been Given More Time, Says Former SBI Chief Arundhati Bhatt
indiacom
2017-10-26T09:55:01+00:00
2017-10-26T10:00:10+00:00
Arundhati Bhattacharya
India.com
'Banks should've been given more time to prepare for noteban'
PTI Feeds | October 26, 2017 7:45 PM IST
More time is needed to assess if demonetisation was a correct step or no," stated Bhattacharya, who
'Banks should've been given more time to prepare for noteban'
indiacom
2017-10-26T08:45:08+00:00
2017-10-26T08:45:08+00:00
Arundhati Bhattacharya
India.com
Kumar wants every SBI staff to be tech-savvy with human touch
PTI Feeds | October 9, 2017 10:31 PM IST
More time is needed to assess if demonetisation was a correct step or no," stated Bhattacharya, who
Kumar wants every SBI staff to be tech-savvy with human touch
indiacom
2017-10-09T11:31:08+00:00
2017-10-09T11:31:08+00:00
Arundhati Bhattacharya
India.com
Loan growth, digitisation still unfinished agenda:Bhattacharya
PTI Feeds | October 6, 2017 7:49 PM IST
More time is needed to assess if demonetisation was a correct step or no," stated Bhattacharya, who
Loan growth, digitisation still unfinished agenda:Bhattacharya
indiacom
2017-10-06T08:49:09+00:00
2017-10-06T08:49:09+00:00
Arundhati Bhattacharya
India.com
NPAs, profitability top priorities: Rajnish Kumar
PTI Feeds | October 5, 2017 6:22 PM IST
More time is needed to assess if demonetisation was a correct step or no," stated Bhattacharya, who
NPAs, profitability top priorities: Rajnish Kumar
indiacom
2017-10-05T07:22:08+00:00
2017-10-05T07:22:08+00:00
Arundhati Bhattacharya
India.com
SBI announces Rajnish Kumar as new chairman
ANI Feeds | October 4, 2017 6:01 PM IST
The government on Wednesday announced appointment of Rajnish Kumar as the new chairman of the
SBI announces Rajnish Kumar as new chairman
indiacom
2017-10-04T07:01:40+00:00
2017-10-04T07:01:40+00:00
Arundhati Bhattacharya
India.com
Rajnish Kumar Appointed as New Chairman of State Bank of India, Replaces Arundhati Bhattacharya
India.com Business Desk | October 4, 2017 4:25 PM IST
The Appointments Committee of the Cabinet (ACC) on Wednesday appointed Rajnish Kumar as State Bank
Rajnish Kumar Appointed as New Chairman of State Bank of India, Replaces Arundhati Bhattacharya
indiacom
2017-10-04T05:25:27+00:00
2017-10-04T06:29:14+00:00
Arundhati Bhattacharya
India.com
Who is Rajnish Kumar, the New SBI Chairman?
India.com Business Desk | October 4, 2017 5:08 PM IST
Having joined SBI as a Probationary Officer in 1980, Rajnish Kumar has been with the State Bank of
Who is Rajnish Kumar, the New SBI Chairman?
indiacom
2017-10-04T06:08:42+00:00
2017-10-04T06:08:42+00:00
Arundhati Bhattacharya
India.com