Wednesday, August 18, 2010

The Champion of CHAMPIONS - SBI

Colleague - a Quarterly House Magazine of State Bank Group - vol. XXXXV no.4 of March 2010, on its cover page carries these words.  This issue covers the best performing Best Managers - one from each Circle (it has 14 Circles all over India) for the year 2008-09 and 14 Best performing Asst General Managers for the same year.  These managers are all taken to Chairman's Club too.

SBI itself could call as Champion of Champions too. For what?  Of course, its annual results 2009-10 and continued performance in the first quarter 2010-11 released recently.  It is also referred as the "Banker to Every Indian".  No doubt at all. I am eagerly waiting for the day GOI accepts the recommendations of Khandelwal Committee to declare SBI as Maharathna Bank of India!

That is the working of a World Class Public Sector Institution on commercial lines.  SBI has best practices in business development, human resources development and product innovation.  It is reported that SBI offers as many as 224 products to its variety of customers in rural, urban and metro branches.  I surely the miss SBI even after 17 years of leaving the service in April 1993. 

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