Anuradha SenGupta in conversation with India's biggest banker Arundhati Bhattacharya. The Chairman of SBI gives the banking system 7/10 in the way it has coped with demonetisation that she describes as an exercise with no roadmap. She says the pain and human cost is inevitable in an exercise like this but a push for digitisation before demonetisation would have helped ease the pain a bit.
She also reacts to criticism of the RBI's handling of demonetisation and shares the stresses on the banks in these 50days. She says restrictions on withdrawals should be eased gradually and should not be lifted in one go. Expects near normalcy by February.