State Bank of India's Vision for the Decade: C S Setty's Ambitious Roadmap

C S Setty, the new Chairman of State Bank of India, aims to make SBI the 'Best Bank' in the country. With a commitment to increased net profit, service excellence, and strategic leadership, Setty envisions making this decade India's and SBI's. Under his leadership, SBI aims to build on its market leadership and significant milestones.

C S Setty, the newly appointed Chairman of State Bank of India (SBI), announced his vision to transform India's largest bank into the nation's most valued financial institution. Speaking on Wednesday, Setty emphasized that this decade would be a pivotal period for both India and SBI.

In his address to SBI employees, Setty assured that all efforts would be concentrated on elevating SBI to the 'Best Bank' status in the country. He highlighted SBI's impressive client base of over 50 crore customers and its leadership in various product categories, proudly noting the bank's 1 percent Return on Assets.

Setty aims for SBI to achieve new financial milestones, enhance its public image, and become an employer of choice. Recalling SBI's rise in global banking ranks from 52nd to 17th in market capitalization, he expressed gratitude to his predecessors and a commitment to build upon this strong foundation. Setty, who succeeds Dinesh Khara, had previously served as the senior-most managing director of SBI.

(With inputs from agencies.)