NEWS

Rajnish Kumar to live in a rented house in Delhi, write a book

When asked if the book will reveal the ugly face of corruption, Rajnish Kumar said it "will be a balanced account". SBI is a great institution that makes everyone feel like a family".

MUMBAI: Rajnish Kumar is going to write a book which will chronicle his journey from Meerut in Uttar Pradesh to becoming the chairman of the State Bank of India, the country's largest bank.

Kumar will also move into a rented house in Delhi. As chairman, he was put up in the palatial bungalow, Dunedin, in Mumbai's Malabar Hill.

"I am shifting to Delhi as my friends and family are there. Eventually I will write a book on my journey from Meerut in Uttar Pradesh to becoming the chairman of SBI," Kumar said in an interview with Indianbankingnews.com.

When asked if the book will reveal the ugly face of corruption in India, he said it "will be a balanced account".

Kumar has seen turbulent days like demonetisation, Insolvency and Bankruptcy Code (IBC), tumbling down of big corporates, frauds and the outbreak of the coronavirus pandemic. He is also credited with having a quick plan in place to save Yes Bank.

When asked if all this will be part of his book, he said with a laugh. "It is too early to discuss the storyline".

After spending 40 years in SBI, Kumar said "it is a great institution that makes everyone feel like a family".

"I don't think many organisations can claim to give its employees this feeling. Wherever you are, you are never short of help. These are things that are very unique to SBI."