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Ashneer Grover: BharatPe’s co-founder Ashneer Grover has said a big thing about the former chairman of State Bank of India through one of his tweets. Ashneer Grover has said that the hiring of former SBI chairman Rajnish Kumar in BharatPe was his biggest mistake. Former SBI chairman Rajnish Kumar is currently the chairman of the board of directors of BharatPe.
Ashneer Grover has said this through one of his tweets and has made a scathing attack on Rajneesh Kumar. In his tweet, Ashneer wrote that hiring Rajneesh Kumar was my biggest mistake.
Ashneer Grover has further written that hiring Rajneesh Kumar was the biggest mistake. Not just because of what happened – but because I ignored the data. With Rajneesh as CMD, the SBI stock fell by 25 per cent in 3 years from Rs 257 to Rs 192. This is a total price drop of $8 million. This SBI stock went up by 200% to ₹570 after he (Rajnish Kumar) left. Data is never wrong!
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Please tell that Rajneesh Kumar was associated with the country’s largest government bank SBI for almost 4 decades and he was made the chairman of BharatPe in October 2021. On the other hand, Ashneer Grover stepped down from the post of Managing Director of BharatPe on May 1 this year and there were big allegations against him. However, Ashneer Grover had also alleged that Rajneesh Kumar was conspiring against him along with other officials of Bharat Pe.
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