Government names Dinesh Khara as the new SBI chief

Government names Dinesh Khara as the new SBI chief
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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 BBB had interviewed all four MDs of SBI before making the recommendation to the Government. The BBB has also recommended two names for the vacant posts of MD - S Janakiraman and Ashwini Kumar Tewari.
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.

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