THE NEWSMAN OF INDIA.COM
Mumbai, March 24, 2017: Arundhati Bhattacharya, Chairman, State Bank of India (SBI) has been ranked 26th in the fourth edition of Fortune’s World 50 Greatest Leaders list. By this, Arundhati Bhattacharya becomes the only Indian corporate leader to be featured in the list.

The leaders on this list find a place therein as these men and women are transforming the world and inspiring others to do the same. On announcement of the list, Fortune highlighted that Bhattacharya, the first-ever woman to helm India’s largest bank, has ably steered SBI through rough waters (an ongoing battle with bad loans) and sudden storms (India’s surprise demonetization scheme). She’s been transformative to convert the 211-year old institution into the digital era and overhauling HR for her 200,000+ employees. The complex, six-bank merger she is orchestrating will catapult SBI into the ranks of the world’s 50 largest banks. Ms. Bhattacharya’s effectiveness, frank and outspoken style is well recognized and she has been granted a rare extension to her three-year term at SBI. The leaders in this Fortune list excel at leading effectively in today’s challenging business environment.