State Bank of India, India's largest lender by assets and branch network, plans to save Rs 1,000 crore through such cost optimization, chairman Rajnish Kumar told shareholders at the bank's 65th Annual General Meeting (AGM) which was held through video conferencing due to the pandemic.source https://economictimes.indiatimes.com/industry/banking/finance/banking/sbi-to-focus-on-cost-reduction-rationalisation-to-mitigate-covid-19-impact-rajnish-kumar/articleshow/76955330.cms
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