Arundhati Bhattacharya

File Photo of Arundhati Bhattacharya


ATMs in India have separate cassettes (boxes) to hold different denominations of cash such as Rs 100, Rs 500 and Rs 1000 notes. Configurations of cassettes vary as per the currency they hold

Arundhati Bhattacharya has secured a year’s extension as the Chairperson of the State Bank of India (SBI) to oversee the merger of six smaller commercial banks into the country’s largest lender.

Arundhati Bhattacharya, SBI Chairman, said: “The intention is to complete the merger by March 2017, but there could be many ifs and buts.”