Source Name: State Bank of India

Comment on Coal Block Allocation from Arundhati Bhattacharya, Chairman, State Bank of India

Sep 24, 2014   16:00 PM 
India

Comment from ‘Arundhati Bhattacharya, Chairman, State Bank of India’ on Supreme Court verdict on Coal block allocation:

 

We believe that uncertainty is possibly the worst enemy of growth. We are glad that this is over with the SC verdict on coal blocks allocation. We now look forward for a quick plan of action for ensuring that coal supplies are not disrupted and thereafter a swift and transparent bidding process for reallocation.”