‘Significant improvement in Q2,’ says SBI chief, links it to ‘unlock situation’
The second session of Day 3 of Hindustan Times Leadership Summit on Thursday saw State Bank of India chairman Dinesh Kumar Khara in conversation with Shereen Bhan, managing editor, CNBC TV-18.
Khara, in his opening statements, said that a “significant improvement” in the second quarter (Q2) of the economy was noted and linked it with the government’s move to ‘Unlock’ the Covid-19 lockdown.
“The second quarter of India’s economy has seen significant improvement. I’ll co-relate it with the unlock situation,” Khara told Bhan.
Commenting of the state of the Indian economy, Khara said that post-unlock economic activity revival has given hopes to many.
“Post unlock, every day is a new day,” he said.
The SBI chairman was the second guest on Day 3 of the HTLS 2020 on Thursday. The opening session saw defence minister Rajnath Singh discuss India’s security standpoint on the day that marks the anniversary of the gruesome 26/11 Mumbai terror attack. Singh said that India is no longer a soft target and there has been a paradigm shift in its response to terror.
AIIMS director Randeep Guleria, Brown University School of Public Health dean Dr Ashish K Jha, Serum Institute of India CEO Adar Poonawalla, veteran cricketer Kapil Dev and Delhi chief minister Arvind Kejriwal were the esteemed guests who participated and shared their views on a range of issues on the first two days of the summit last week.
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