SBI filed a defamation suit against Arvind Kejriwal for irresponsible statement
India's largest bank, State Bank of India was another who filed a legal suit on Arvind Kejriwal for making an irresponsible statement.
"How can he make such statement? We are the largest bank in India and we have so many customers who just require following a small 2-3 hour cue to open an account. Tell me, how much time it will require to go to Switzerland and open an account? Just making such irresponsible statements would not be done," said SBI's Chairman Pratip Chaudhuri.
Arvind Kejriwal claimed in his press conference that opening an account in SBI is much more difficult than opening an account in a Swiss bank.
According to sources, information that Kejriwal was going to make the statement on SBI was leaked and therefore despite of good quarterly earnings, the stock price fell down sharply.