Wrongdoing must be punished, be it banks or businessmen: SBI
SBI Chairman Rajnish Kumar has said that any wrongdoing should be punished, be it banks, businessmen or those exerting outside pressure. He said that concerns of political pressure on state-run lenders in making lending decisions are overplayed. He further added that bad debts choking India's banking system are mostly because of assumptions about economic growth that have gone wrong.