Mumbai Oct 9 (IANS) Warning of challenges ahead State Bank Of India s new Chairman Rajnish Kumar has called upon all the 268 705 employees to maintain the highest standards of ethics and provide courteous services to customers.
In a two-and-half page long letter to each employee this week he said that in its 211-year old history the SBI has gone from strength to strength and faced challenges.
"But let s face it that right now banking industry is passing through very tough times. This is happening worldwide. India has also not escaped the tremors " Rajnish Kumar warned.
Despite the grit fortitude hard work and resilience the SBI also could not stay insulated from the unfavourable macro conditions especially in a highly-interconnected world and economic environment pointed out the SBI chief who took over the reins of the country s biggest PSB on Saturday
--IANS
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