State Bank of India (SBI) Chairman Pratip Chaudhuri was very candid about answering all the questions reporters asked him at a recent press conference, including the names of companies that have defaulted and which were headed for debt-restructuring. But his senior colleagues were visibly upset. Their contention: by naming the companies, the SBI chairman was leaving the bank open to possible legal action by defaulters. So much so that a top official admonished reporters for asking such questions at all. “It’s only because we answer that you ask. You always want some sensationalism. Would you ask such questions to ICICI Managing Director and CEO Chanda Kochhar?” was his angry comment.
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