
The government today gave its nod to the Banks Board Bureau’s recommendation, thereby appointing Dinesh Khara as the chairman of SBI- country’s largest public sector bank .The term of Rajnish Kumar, who was appointed for a period of three years comes to an end on Tuesday.
With Khara’s elevation, one of the four MD positions will also fall vacant. A few weeks later, at the end of October, another MD - Arijit Basu - is also set to complete his term. This would leave two positions vacant by the month-end.
The senior-most of the three Managing Directors (MDs) at the public lender was picked by the BBB on August 28 for the vacancy.
With Khara’s elevation, one of the four MD positions will also fall vacant. A few weeks later, at the end of October, another MD - Arijit Basu - is also set to complete his term. This would leave two positions vacant by the month-end.
The senior-most of the three Managing Directors (MDs) at the public lender was picked by the BBB on August 28 for the vacancy.
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