We would like to maintain gold standard of asset quality in SBI; improve upon where we left in 2023: Dinesh Kumar Khara
Dinesh Kumar Khara, Chairman, SBI, says “I am quite confident that with the kind of plough back which we have, we will be in a position to generate adequate plough back to take care of this increased capital requirements which have been prescribed by RBI. We are very closely watching whatever is the situation and we will be ensuring that the bank should be very well capitalised. It is already well capitalised, but it should stay well capitalised and meet all the regulatory requirements because RBI prescription is one, our board prescription is invariably over and above that.”
Should we start with new year resolutions?
Dinesh Kumar Khara: Yes, new year resolution is to continue to improve upon where we left the year 2023.
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Offering CollegeCourseWebsiteIIM LucknowIIML Chief Marketing Officer ProgrammeVisitIndian School of BusinessISB Chief Digital OfficerVisitIIM KozhikodeIIMK Chief Product Officer ProgrammeVisitThat is SBI new year resolution, what about your new year resolution?
Dinesh Kumar Khara: Even my resolution is also in sync with what the SBI resolution is.
And you think that will happen in 2024 because incrementally with each passing quarter SBI has managed to move from strength to strength?
Dinesh Kumar Khara: Yes, I do agree and this will be our endeavour going forward too.
When you look at the demand versus credit growth, last time when we spoke to you, you were confident but conservative. What is your assessment of demand plus credit growth for FY24 for the remaining part?
Dinesh Kumar Khara: I expect that the GDP numbers which we have seen in the first half of the current financial year and if we add inflation component on that, will be about
