3. Introduction to Arundhati Battacharya
Personal Life:
• Smt. Arundhati Battacharya was born in a Bengali Family in the city of Kolkata
• Her parents are Prodyut Kumar Mukherjee and Kalyani Mukherjee
• She spent her entire childhood in Bokaro Steel City
• Her father worked at Bokaro Steel City and her mother worked as the homeopathy
consultant in Bokaro.
• She Studied English Literature at Jadavpur University.
• She married the Prof. Pritimoy Battacharya who was as the Professor of IIT
Kharagpur
4. Family and Personal Life:
• Bhattacharya faced a tough time to manage home work, when her husband
contracted typhoid.
• The couple blessed with a daughter named as Sukrita.
• Battacharya struggled to make her children the balance got tougher. Sukrita was a
few months old when Bhattacharya went to the US.
• Unable to take care of her daughter, she sent Sukrita back to India for a year.
• While in Lucknow in 2006, Bhattacharya contemplated quitting as she could not
find a suitable school for Sukrita.
5. Triva Of Arundhati Battacharya
• While in college, Bhattacharya aspired to become a print journalist and dreamt of
writing a book.
• She wanted to pursue an MA in English literature. She also dreamt of becoming a
musicologist.
• Bhattacharya was an average student till class 5. However, her grades improved
after she joined 'St Xavier.'
• Bhattacharya did not know cooking at the time of her marriage, but with the help of
her mother's recipe book, she managed to learn cooking.
6. Career Of Arundhati Battacharya
• Bhattacharya joined in SBI as a PO in September 1977.
• She was posted at Kolkata main branch as Jr. Manage. Executive.
• Bhattacharya mainly learned how to handle court cases.
• Bhattacharya was then moved to local HO as capacity of a planner.
• In 1983, she was transferred to Kharagpur branch. (1987 to 1990)
• During 9Yrs tenure at Kharagpur, She received 3 promotions
• In 1993, she was posted to the commercial branch in Kolkata.
• In 1996, She worked as vice-president branch co-ordination in USA.
• She worked in the branch's performance and audit department, in New York, from
1996 to 2000.
7. • Back in India, Bhattacharya was posted in foreign department of the Kolkata branch.
• In 2006, Bhattacharya joined the SBI Lucknow branch as the retail operation in-
charge of eastern Uttar Pradesh.
• She moved to Mumbai in 2008, as a general manager.
• she was promoted as GM and chief general manager of “SBI New Businesses” in
2009.
• Bhattacharya also got to work in general insurance & mobile banking.
• She served as deputy MD & Corporate Developing Officer for 2 years.
• She served a stint in Bangalore & returned back to Mumbai in 2011 as the deputy
MD of HR; Later CEO of “SBI Capital”
8. • She became the CFO of SBI in 2013 and superseded 3 male colleagues
• She took over from Pratip Chaudhuri, who retired on 30-09-2013.
• As woman chairperson of SBI, introduced many pro-women policies.
• She initiated a transfer policy that included flexible timing and temporary deputation
and a 2 sabbatical leave policy, which allow female employees to manage work and
home simultaneously.
• On the “International Women's Day” Bhattacharya announced free vaccination for
cervical cancer to all the female employees of the SBI.
• She was supposed to retire in October 2016, but received extension till October 2017,
due to controversial merger of 5 SBI associate banks & “Bharatiya Mahila Bank”She
retired as the SBI chairperson on October 6, 2017.
Joining And Retirement as SBI Chairman
9. Achievements of Arundhati Battacharya
• She became the 1st chairperson in history of SBI to got extension after retire.
• 2016, 'Forbes' named Bhattacharya as 25th “Most powerful woman in world”
while 'Fortune' listed her the 4th “Most powerful women in the Asia Pacific.”
• She was nominated for MD and the Chief Operating Officer of “World Bank.”
• Bhattacharya had served as the chairperson of the 'SBI Foundation,' 'State
Bank of Mysore,' 'State Bank of Hyderabad,' 'State Bank of Patiala,' 'SBI
Pension Funds Pvt Ltd.,' 'SBI Global Factors Ltd.,' 'State Bank of Bikaner &
Jaipur,' 'SBI General Insurance Co. Ltd.,' 'SBI Cards & Payment Services Pvt
Ltd.,' 'SBI Capital Markets Ltd.,' 'SBI DFHI Ltd.,' 'State Bank of Travancore,'
and 'SBI Life Insurance Co. Ltd.'
10. • On October 17, 2018, Bhattacharya began her five-year tenure at “Reliance
Industries” as an additional director.
• She was also listed among the 'FP Top 100 Global Thinkers' by 'Foreign Policy'
magazine.
• In 2017, 'India Today' magazine placed Bhattacharya at number 19 in ‘India's 50
most powerful people’ of the year.
• In 2018, Bhattacharya received the “Business Leader of the Year” title at 'The
Asian Awards.'
• The same year, 'Harvard Business Review Ascend' published her interview titled
'Arundhati Bhattacharya: The Making of SBI's First Woman Chairperson.'
11. Rememberable Things Of Arundhati Battacharya
• The Merger
• Relations with Regulator and Government
• Capital Position
• Asset Quality
• Financial Control
• Digital Banking
• People Focus
12. “The greatest lesson I have learnt in my career is that you
have to create a good reputation for yourself for people to
appreciate you”
- Smt. Arundhati Battacharya : Former Chairperson of SBI
