#BTDavos2026 EXCLUSIVE: SBI Chairman CS Setty On How Indian Banking Anchors Growth

At BT Davos 2026, Siddharth Zarabi, Group Editor, Business Today, spoke exclusively with Challa Sreenivasulu Setty, Chairman, State Bank of India, on India’s economic resilience amid global turbulence. The discussion examined India’s projected 7.4% growth in FY26 despite geopolitical tensions, trade wars, and higher tariffs. Setty highlighted key domestic growth drivers, the revival in credit demand, and the improved health of the banking sector following rate cuts and liquidity support. He also assessed the structural strengthening of PSU banks, RBI’s policy outlook, the scope for further rate cuts, SBI’s role in rupee-based trade settlements, and the bank’s strategic positioning in supporting India’s next phase of economic expansion.



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